Galaxy Digital’s Hidden Gem? AI Data Centers Trump Bitcoin Mining, Claims Research Firm
Wall Street’s latest crypto darling might be betting on silicon over SHA-256. A research firm suggests Galaxy Digital’s real value play isn’t mining rigs—it’s the AI data center arms race.
Forget pickaxes: The smart money’s chasing GPUs. As Bitcoin miners face profit-crushing difficulty adjustments, Galaxy’s pivot to AI infrastructure looks increasingly prescient—or at least conveniently timed.
One analyst quipped: ’When your crypto hedge fund starts building server farms, either they’ve cracked the next paradigm or they’re really good at chasing hype cycles.’ The market’s voting for the former—for now.