BTIG raised the agency’s worth goal on Galaxy Digital (GLXY) to $35 from $26.50 and retains a Purchase score on the shares. Galaxy Digital’s Q2 working revenue was considerably increased than Q1 as BTC rallied 40% for the reason that finish of Q1, the analyst tells buyers in a analysis observe. Galaxy’s present BTC steadiness makes them the eighth largest BTC holder amongst U.S. public firms and positions the corporate as a diversified play on the secular progress in digital belongings, the agency says.
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