We came across a bullish thesis on Galaxy Digital on X.com by FloodCapital. In this article, we will summarize the bulls’ thesis on GLXY. Galaxy Digital’s share was trading at $25.36 as of December 2nd. GLXY’s trailing and forward P/E were 44.29 and 69.44 respectively according to Yahoo Finance.
Galaxy Digital (GLXY) recently announced an exchangeable senior note offering of up to $1.15 billion, a move viewed as highly strategic and bullish. The financing, combined with the $325...