GLXY Stock Soars: Earnings or Alien Intervention?

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GLXY’s stock price did the cha-cha slide up 10% and hit a record high after the company published “strong earnings” (read: numbers so juicy they could make a desert bloom). Optimism around its artificial intelligence business grew, because nothing says “future” like a robot butler managing your crypto. 🤖💸

  • GLXY stock jumped to a record high after publishing strong earnings. (Spoiler: it’s not magic-it’s just math… or is it?)
  • Its markets income and assets under management soared. (Because who doesn’t want to manage $9 billion?)
  • Technical analysis suggests that the Galaxy stock price has more upside. (Like a rollercoaster, but with more charts and fewer screams.)

Galaxy Digital soared to a high of $44.3, up 420% from its lowest level in April. (That’s not a typo-it’s a cry for help from April’s stockholders.) This growth has brought its market cap to over $15 billion. (Because $15 billion is just Tuesday money for digital asset moguls.)

GLXY stock jumped after its earnings showed that its business was growing across the board. Its net income soared to $515 million, while its EBITDA soared to $629 million. (If you’re confused, don’t worry-accountants cry at this too.)

Galaxy’s Global Markets business generated a gross profit of $295 million as its digital asset trading volume increased 140%. (That’s not a lot-it’s a whole lot.) This growth may accelerate in the coming quarters following the launch of GalaxyOne. (A platform so good, it’s practically a one-stop shop for your crypto dreams and your therapist’s bill.)

GalaxyOne is a retail-focused platform offering high-yield accounts and commission-free stock and crypto trading solutions. The asset management and infrastructure solutions generated a gross profit of $23 million as assets under management hit $9 billion. (Because who needs sleep when you can stake $7 billion in assets?)

Another main catalyst for the GLXY stock price surge is the company’s ongoing pivot to the artificial intelligence industry. (Because nothing says “I’m not a crypto company anymore” like building a data center.) The company is now building the Helios Data Center, which will deliver 133 MW of critical IT load in the first half of next year. (Translation: they’re building a server farm so big, it could power a small country-or a very large meme.)

Galaxy has already secured CoreWeave, a $70 billion company, as a client. (Because OpenAI and Microsoft are so picky about who they hang out with.) Also, Galaxy has already secured financing for the first phase of Helios. (Because nothing says “trust” like handing over $133 MW of electricity bills.)

Companies offering data center solutions have gained traction among investors after several major deals. For example, CoreWeave recently announced a $14 billion deal with Meta Platforms, while Nebius made a $14 billion deal with Microsoft. (It’s like the AI world’s version of a dating app-except everyone’s just looking for a $14 billion partner.)

Top crypto companies offering similar services like Bitfarms, IREN, and Cipher have continued soaring as investors anticipate large deals by AI companies. (Because nothing says “I’m diversified” like betting on crypto and robots.)

GLXY stock price technical analysis

The daily chart shows that the Galaxy stock price has been in a strong uptrend in the past few months. It has jumped from a low of $8.30 in April to a record high of $45.90 after its earnings. (That’s like going from a thrift store thrift to a luxury boutique-except the boutique is run by algorithms.)

GLXY stock has remained above all moving averages, a sign that bulls remain in control. (Because bears just can’t handle the glitter of a $15 billion market cap.) Also, the stock invalidated the developing double-top pattern at $44.25. (Because nothing says “caution” like ignoring a double-top like it’s last season’s trend.)

Technicals suggest that the stock has more upside, potentially to the ultimate resistance of the Murrey Math Lines at $50. A move above that level will point to more gains, potentially to the extreme overbought point at $62.5. (Because why stop at $50 when you can aim for $62.5 and a standing ovation from Wall Street?)

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2025-10-21 17:54