BTCC
/
BTCC Square
/
CryptotimesIO
/
Galaxy Digital Pivots Hard: AI Over Bitcoin Mining in High-Stakes Tech Bet
Galaxy Digital Pivots Hard: AI Over Bitcoin Mining in High-Stakes Tech Bet
20
1
Mike Novogratz’s crypto powerhouse is ditching pickaxes for algorithms—Galaxy Digital just signaled a seismic shift from mining to AI. Wall Street’s latest flavor-of-the-month tech pivot? Probably. But when a $5B crypto firm jumps ship, even the suits pay attention.
The move reeks of opportunism—like a Goldman Sachs quant discovering ’blockchain’ in 2017—but you can’t fault the timing. With mining margins getting squeezed harder than a Bitcoin maximalist’s portfolio last cycle, Galaxy’s AI play might just be the smartest hedge in digital assets today.
One question remains: When the AI bubble pops, will they pivot back to mining... or straight to quantum computing?
By:
