Galaxy Digital

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Galaxy Digital(GLXY.US) Galaxy Digital Signs 15-Year Naming Rights Deal With Texas Tech Stadium

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐆𝐚𝐥𝐚𝐱𝐲 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 signs a 𝐟𝐢𝐟𝐭𝐞𝐞𝐧-𝐲𝐞𝐚𝐫 naming rights agreement with Texas Tech.

➤ Red Raider Football stadium will be renamed 𝐆𝐚𝐥𝐚𝐱𝐲 𝐒𝐭𝐚𝐝𝐢𝐮𝐦 starting in 2026.

➤ Partnership creates a new 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐬𝐭𝐫𝐞𝐚𝐦 for Texas Tech Athletics.

➤ Agreement includes 𝐍𝐈𝐋 opportunities for Red Raider student-athletes.

➤ Galaxy becomes the official 𝐝𝐚𝐭𝐚 𝐜𝐞𝐧𝐭𝐞𝐫 and 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐚𝐬𝐬𝐞𝐭𝐬 partner.

➤ Partnership expands fan engagement, branding, and 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲 investment.

➤ Galaxy is investing 𝐛𝐢𝐥𝐥𝐢𝐨𝐧𝐬 in its Texas Helios data center campus.

➤ Companies will explore 𝐀𝐈 research, workforce development, and innovation projects.

➤ Texas Tech opens the 2026 season at Galaxy Stadium on 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟓.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬:

𝐊𝐢𝐫𝐛𝐲 𝐇𝐨𝐜𝐮𝐭𝐭, Director of Athletics, Texas Tech:

"We're pleased to welcome Galaxy as the new naming rights partner of our football stadium. When I visit with alumni across the country, the conversation almost always turns to their favorite memories inside our stadium. We look forward to creating many more of those moments together in Galaxy Stadium, one of the premier home-field environments in college football. This long-term partnership with Galaxy will have a lasting impact on Texas Tech Athletics."

𝐌𝐢𝐤𝐞 𝐍𝐨𝐯𝐨𝐠𝐫𝐚𝐭𝐳, Founder and CEO of Galaxy:

"Texas Tech is exactly the kind of institution we want to be aligned with. It has a culture built on grit and loyalty, one of the strongest talent pipelines in the country and a fan base in Red Raider Nation that shows up with real intensity. At our Helios campus in nearby Dickens County, we're building the infrastructure that powers the code economy. And we're doing it the right way: prioritizing hiring locally, investing in the community and being a good neighbor. We're here to build alongside Texas Tech for the long term and this is just the beginning."

𝐀𝐧𝐝𝐫𝐞𝐰 𝐖𝐡𝐞𝐞𝐥𝐞𝐫, Executive Vice President of Sports Properties at Learfield:

"Kirby and the Texas Tech Athletics team continue to lead the way in redefining what college athletics partnerships can be. This collaboration with Galaxy encompasses more than just naming rights - it integrates student-athlete storytelling, enhanced fan experiences, community, and campus-wide impact into a truly modern partnership. We often talk about building forward-looking platforms that go well beyond traditional sponsorship to deliver long-term value, and this partnership embodies that vision at the highest level."

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Grove Launches $500 Million Crypto-Backed Lending Facility With $Galaxy Digital(GLXY.US) Galaxy Digital

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐆𝐫𝐨𝐯𝐞 establishes a 𝐒𝟓𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 warehouse lending facility with 𝐆𝐚𝐥𝐚𝐱𝐲.

➤ Grove will finance Galaxy's 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 crypto-backed loan originations.

➤ Eligible collateral includes 𝐁𝐓𝐂 and 𝐄𝐓𝐇, including staked ETH.

➤ 𝐀𝐧𝐜𝐡𝐨𝐫𝐚𝐠𝐞 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 and 𝐁𝐢𝐭𝐆𝐨 will serve as qualified custodians.

➤ Loans are 𝐬𝐞𝐧𝐢𝐨𝐫 𝐬𝐞𝐜𝐮𝐫𝐞𝐝 with original terms of two years or less.

➤ 𝐄𝐓𝐇-backed loans are capped at 𝟓𝟎% of the facility.

➤ Loan-to-value ratios will be monitored continuously using 𝐂𝐡𝐫𝐨𝐧𝐢𝐜𝐥𝐞 price feeds.

➤ Grove previously anchored Galaxy's 𝐒𝟓𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 tokenized CLO in December 2025.

➤ Facility provides Galaxy with committed funding to expand institutional lending.

➤ Sky Ecosystem gains 𝐔𝐒𝐃𝐒-denominated private credit exposure through the facility.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Galaxy Digital Completes Phase I of Helios AI Data Center for CoreWeave - $Galaxy Digital(GLXY.US) $Coreweave(CRWV.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐆𝐚𝐥𝐚𝐱𝐲 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 completed 𝐏𝐡𝐚𝐬𝐞 𝐈 of its Helios data center campus.

➤ Phase I delivers 𝟐𝟎𝟎 𝐌𝐖 gross power, including 𝟏𝟑𝟑 𝐌𝐖 of critical IT load.

➤ Capacity was delivered to 𝐂𝐨𝐫𝐞𝐖𝐞𝐚𝐯𝐞 under a 𝟏𝟓-𝐲𝐞𝐚𝐫 lease agreement.

➤ Rent commenced in 𝐐𝟐 𝟐𝟎𝟐𝟔 as Helios became an operational AI data center.

➤ 𝐏𝐡𝐚𝐬𝐞 𝐈𝐈, adding 𝟐𝟔𝟎 𝐌𝐖 of critical IT load, is under development.

➤ Phase II data hall deliveries are expected to begin in 𝐇𝟏 𝟐𝟎𝟐𝟕.

➤ CoreWeave committed to 𝟓𝟐𝟔 𝐌𝐖 of critical IT load across Phases I-III.

➤ The 15-year leases are expected to generate 𝐨𝐯𝐞𝐫 $𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in average annual revenue.

➤ Helios spans 𝟐,𝟐𝟎𝟎+ acres with approved capacity of 𝟏.𝟔𝟑 𝐆𝐖, expandable to 𝟑.𝟔 𝐆𝐖.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Expands infrastructure supporting 𝐡𝐲𝐩𝐞𝐫𝐬𝐜𝐚𝐥𝐞 𝐀𝐈 computing demand.

➤ Long-term leases provide Galaxy with 𝐯𝐢𝐬𝐢𝐛𝐥𝐞, recurring revenue streams.

➤ Helios strengthens Galaxy's position in the fast-growing 𝐀𝐈 𝐝𝐚𝐭𝐚 𝐜𝐞𝐧𝐭𝐞𝐫 market.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "Completing Phase I on budget and on schedule affirms Galaxy's position as an operator capable of executing hyperscale AI data center development." — 𝐌𝐢𝐤𝐞 𝐍𝐨𝐯𝐨𝐠𝐫𝐚𝐭𝐳, Founder and CEO of Galaxy.

📊 𝐈𝐍𝐕𝐄𝐒𝐓𝐎𝐑 𝐍𝐎𝐓𝐄: Rosenblatt Sees HPC Selloff as Buying Opportunity, Backs $Galaxy Digital(GLXY.US) and $Cipher Digital(CIFR.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐑𝐨𝐬𝐞𝐧𝐛𝐥𝐚𝐭𝐭 said the recent 𝐇𝐏𝐂 selloff presents a buying opportunity.

➤ Firm named 𝐆𝐚𝐥𝐚𝐱𝐲 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 $Galaxy Digital(GLXY.US) and 𝐂𝐢𝐩𝐡𝐞𝐫 𝐌𝐢𝐧𝐢𝐧𝐠 $Cipher Digital(CIFR.US) as top picks.

➤ Selloff followed concerns over 𝐌𝐞𝐭𝐚'𝐬 potential cloud offering impacting HPC demand.

➤ Rosenblatt said Meta cannot back out of contracted 𝐂𝐨𝐫𝐞𝐖𝐞𝐚𝐯𝐞 capacity or resell it.

➤ Galaxy Digital shares have fallen about 𝟐𝟐% over the past two weeks.

➤ Cipher Mining has declined about 𝟏𝟑%, widening its valuation discount.

➤ Firm said Meta's move appears 𝐜𝐨𝐦𝐩𝐚𝐧𝐲-𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜, not a broader demand signal.

➤ Rosenblatt believes underlying 𝐇𝐏𝐂 demand remains strong despite recent volatility.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Suggests recent HPC weakness may reflect 𝐬𝐞𝐧𝐭𝐢𝐦𝐞𝐧𝐭 rather than fundamentals.

➤ Stable AI infrastructure demand could support 𝐇𝐏𝐂-𝐞𝐱𝐩𝐨𝐬𝐞𝐝 stocks.

➤ Highlights potential value opportunities following the sector's sharp correction.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "META doesn't have the ability to back out of its committed contracts or resell capacity that has been contracted through CRWV." — 𝐂𝐡𝐫𝐢𝐬 𝐁𝐫𝐞𝐧𝐝𝐥𝐞𝐫, Rosenblatt Analyst.

➤ "The development appears to be more company-specific as META attempts to justify its massive capex." — 𝐂𝐡𝐫𝐢𝐬 𝐁𝐫𝐞𝐧𝐝𝐥𝐞𝐫.

➤ "We do not view this as a negative demand signal." — 𝐂𝐡𝐫𝐢𝐬 𝐁𝐫𝐞𝐧𝐝𝐥𝐞𝐫.

➤ Rosenblatt believes the market reaction across the HPC sector is "𝐨𝐯𝐞𝐫𝐝𝐨𝐧𝐞."

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Galaxy Digital(GLXY.US) Galaxy Digital Makes Strategic Investment in Digital Prime Technologies

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐆𝐚𝐥𝐚𝐱𝐲 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 made a strategic investment in 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐏𝐫𝐢𝐦𝐞 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬.

➤ Digital Prime provides 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 digital asset technology solutions.

➤ Investment builds on Galaxy's role as a 𝐥𝐚𝐮𝐧𝐜𝐡 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭 in Tokenet.

➤ 𝐓𝐨𝐤𝐞𝐧𝐞𝐭, developed with EquiLend, launched in 𝐌𝐚𝐲 𝟐𝟎𝟐𝟔.

➤ Platform applies securities lending workflows and 𝐫𝐢𝐬𝐤 𝐜𝐨𝐧𝐭𝐫𝐨𝐥𝐬 to digital assets.

➤ Tokenet is designed to bring 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥-𝐠𝐫𝐚𝐝𝐞 governance and transparency to crypto lending.

➤ Galaxy views Tokenet as an emerging standard for 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐚𝐬𝐬𝐞𝐭 lending.

➤ Tokenet was built through a partnership between 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐏𝐫𝐢𝐦𝐞 and 𝐄𝐪𝐮𝐢𝐋𝐞𝐧𝐝.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Signals growing 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 adoption of digital asset lending infrastructure.

➤ Supports development of standardized and transparent 𝐜𝐫𝐲𝐩𝐭𝐨 𝐥𝐞𝐧𝐝𝐢𝐧𝐠 markets.

➤ Highlights increasing convergence between 𝐭𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 and digital assets.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "The maturation of digital asset lending depends on infrastructure that institutions can trust from day one. Tokenet has been built with that bar in mind, and Galaxy's investment in Digital Prime is a reflection of our confidence in both the platform and the team behind it." — 𝐌𝐚𝐱 𝐁𝐚𝐫𝐞𝐢𝐬𝐬, Head of Lending, Galaxy Digital.

➤ "This investment validates what we set out to build: an institutional-grade platform that closes the gap between digital asset lending and the standards the traditional market already operates by. Having Galaxy as both a live participant and an investor reflects confidence in both the platform and the direction of the market." — 𝐉𝐚𝐦𝐞𝐬 𝐑𝐮𝐧𝐧𝐞𝐥𝐬, Co-Founder and CEO of Digital Prime Technologies.

➤ "EquiLend's partnership with Digital Prime was built on the recognition that institutional participants need a path into digital asset lending that doesn't require them to compromise on operational standards. Galaxy's investment in Digital Prime reinforces that the market is moving in that direction." — 𝐍𝐢𝐜𝐤 𝐃𝐞𝐥𝐢𝐤𝐚𝐫𝐢𝐬, Chief Product Officer, EquiLend.

Doing extensive analysis on the wider neocloud ecosystem.

I'm curious: which one of these names is your favourite?

Ranked by market cap:

$Hut 8 Mining(HUT.US) @ $13.38B

$Galaxy Digital(GLXY.US) @ $13.01B

$Terawulf(WULF.US) @ $12.91B

$Applied Digital(APLD.US) @ $12.20B

$Cipher Digital(CIFR.US) @ $10.02B

$Core Scientific, Inc.(CORZ.US) @ $8.77B

$CleanSpark(CLSK.US) @ $4.23B

$SharonAI(SHAZ.US) @ $1.04B

$HIVE Digital Tech(HIVE.US) @ $1.38B CAD

$Whitefiber(WYFI.US) @ $953M

Any others I should look into?

Other than the obvious $Nebius(NBIS.US) / $Coreweave(CRWV.US) / $IREN(IREN.US) type names.

Disclosure:

- I personally hold positions in a lot of these companies from 2025.

- Current research is to identify the ones to increase concentration in / start new positions in.

$Galaxy Digital(GLXY.US) | Citizens reiterates 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦 on 𝐆𝐚𝐥𝐚𝐱𝐲 𝐃𝐢𝐠𝐢𝐭𝐚𝐥, maintains 𝐏𝐓 𝐚𝐭 $𝟓𝟓

Analyst highlights Galaxy's launch of an institutional OTC Prediction Markets desk and a recent $10M trade tied to the CLARITY Act outcome.

$Galaxy Digital(GLXY.US) | 𝐆𝐚𝐥𝐚𝐱𝐲 𝐃𝐢𝐠𝐢𝐭𝐚𝐥: Goldman Sachs reiterates 𝐍𝐞𝐮𝐭𝐫𝐚𝐥, maintains 𝐏𝐓 𝐚𝐭 $𝟐𝟏, 'We expect a mixed reaction to the results'

Analyst sees mixed results with quality concerns, as treasury gains offset weaker core operating performance.

$Galaxy Digital(GLXY.US) | 𝐆𝐚𝐥𝐚𝐱𝐲 𝐃𝐢𝐠𝐢𝐭𝐚𝐥: Piper Sandler maintains 𝐎𝐯𝐞𝐫𝐰𝐞𝐢𝐠𝐡𝐭, cuts 𝐏𝐓 𝐭𝐨 $𝟑𝟔

Analyst sees underappreciated data center and tokenization catalysts, positioning GLXY as a key beneficiary of digital asset infrastructure growth.

Source: Hardik Shah