Galaxy Digital: Crypto stock set to triple thanks to AI boom?

In this article you will learn:

  • How much Galaxy Digital could benefit from a crypto bull market
  • Why price targets of over 100 US dollars are being announced
  • How the company participates in the success of ChatGPT and Co.
  • When the AI data centers are to be launched
  • What you should definitely consider as an investor before investing

Galaxy Digital is one of the most acclaimed crypto stocks these days. However, the reason lies more in its AI exposure through the construction of high-performance computing facilities. If Bitcoin, Ethereum, and Solana also gain ground again, GLXY could become one of the absolute high-flyers. After all, CEO Mike Novogratz's company is involved in numerous DATs (Digital Asset Treasuries). Podcast host and financial market analyst “Duncan” even announced price targets of over $100, which would mean a further tripling. But how much substance is behind the hype?

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