This Fintech Leverages Blockchain for Efficient Lending, with Stock Rising 50% Since Going Public.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 18 2026
0mins
Should l Buy GLXY?
Source: Barron's
- Adoption of Blockchain: Major financial institutions like BlackRock and the New York Stock Exchange are increasingly adopting blockchain technology.
- Applications of Blockchain: This technology is being utilized for recording and trading various assets, including stocks, bonds, loans, and real estate.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GLXY?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GLXY
Wall Street analysts forecast GLXY stock price to rise
12 Analyst Rating
11 Buy
1 Hold
0 Sell
Strong Buy
Current: 20.680
Low
24.00
Averages
43.89
High
60.00
Current: 20.680
Low
24.00
Averages
43.89
High
60.00
About GLXY
Galaxy Digital Inc. is engaged in the business of digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence (AI). The Company's digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, it develops and operates data center infrastructure to power AI and high-performance computing workloads. The Company's segments include Digital Assets, Data Centers, and Treasury and Corporate. Its Digital Assets operating business segment provides new products and capabilities such as staking, margin-based financing and active exchange-traded funds. The Data Centers segment comprises the Helios infrastructure assets. Its Data Centers segment develops and operates High Performance Computing (HPC) infrastructure to meet the growing demand for large-scale, power-ready facilities in the AI/HPC industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Galaxy Digital Announces Voluntary Delisting from TSX
- Voluntary Delisting Decision: Galaxy Digital has announced its intention to delist from the Toronto Stock Exchange effective March 19, 2026, as the Board concluded that operating solely on Nasdaq would be more efficient, reducing additional costs and administrative burdens.
- Concentration of Trading Volume: With the majority of its average daily trading volume executed on Nasdaq or other U.S. markets, Galaxy's decision to focus on Nasdaq ensures liquidity and market efficiency for its Class A common stock.
- Termination of Buyback Program: The normal course issuer bid on TSX will terminate upon delisting, but repurchases on Nasdaq may continue, capped at 5% of outstanding shares, thereby protecting shareholder interests.
- Ongoing Compliance Disclosure: Despite the delisting, Galaxy will remain a reporting issuer in Canada, continuing to provide regular disclosures in accordance with applicable securities laws, ensuring transparency and compliance with regulatory requirements.
See More
Trump Backs Crypto Legislation, Driving Surge in Related Stocks
- Trump's Support: Trump's call for banks to strike a good deal with the crypto industry to advance stalled legislation resulted in Bitcoin surging 6.9% in the past 24 hours to approximately $73,000, marking its highest level in a month and indicating a renewed market confidence in cryptocurrencies.
- Stock Surge: Following this news, Coinbase (COIN) shares jumped 15%, Galaxy Digital (GLXY) rose 12%, Bullish (BLSH) gained 8%, eToro (ETOR) increased by 5.3%, and Robinhood (HOOD) added 8.7%, reflecting investor optimism towards the crypto market.
- Mining Stocks Rebound: Bitcoin mining stocks also revived after months of pressure, with Riot Platforms (RIOT) up 6.4%, MARA Holdings (MARA) gaining 5.5%, Hut 8 (HUT) surging 13%, and Bitfarms (BITF) jumping 10%, showcasing a positive response from mining companies to the market recovery.
- Muted Bank Performance: In contrast, bank stocks saw muted gains, with the KBW Nasdaq Bank Index (BKX) rising only 0.5%, indicating a cautious market sentiment regarding banks' positions on crypto legislation, despite overall optimism in the equity markets.
See More
US Stocks Fluctuate Slightly Amid Oil Price Pressures
- Market Movements: The S&P 500 Index rose by 0.03%, while the Dow Jones Industrial Average fell by 0.11%, and the Nasdaq 100 Index increased by 0.63%, reflecting a slight recovery in the market following reports of indirect contact between Iran and the US to negotiate an end to the conflict, despite ongoing global trade tensions.
- Employment Data Impact: The February ADP employment report indicated an increase of 63,000 jobs, surpassing expectations of 50,000, suggesting a resilient labor market that may support the stock market, while also raising concerns about Federal Reserve policy direction.
- Oil Price Fluctuations: Crude oil prices fell by over 1% after Iran proposed discussions with the US to end the conflict, compounded by Treasury Secretary's comments on potential 15% tariffs on imports, adding to market uncertainty.
- Economic Outlook: This week, the market will focus on US-Iran war news, corporate earnings, and economic data, with expectations for a slight decline in the February ISM services index and an increase of 3,000 in initial unemployment claims to 215,000, highlighting the complexities of economic recovery.
See More
Bitcoin Rally Boosts Galaxy Digital Stock Performance
- Bitcoin Price Surge: Bitcoin surpassed $73,000 on Wednesday morning, rising approximately 6.5% on the day, which directly enhanced market sentiment for crypto-related stocks, making Galaxy Digital one of the top performers.
- Improved Market Sentiment: The strong performance of Bitcoin typically increases the value of crypto assets across the industry, prompting investors to reprice crypto-exposed businesses, with Galaxy Digital benefiting as a liquid proxy for crypto sentiment.
- Strong Short-Term Momentum: Galaxy Digital stock is currently trading 12.77% above its 20-day simple moving average, indicating robust short-term momentum, and over the past 12 months, shares have significantly increased, nearing their 52-week highs.
- Analysts Maintain Buy Rating: Analysts unanimously rate Galaxy Digital stock as a buy, with an average price target of $42.54; despite some firms like Citigroup and Morgan Stanley lowering their targets, the overall market outlook remains optimistic.
See More
Latham Group Shares Surge After Strong Q4 Results
- Strong Earnings Report: Latham Group reported a fourth-quarter loss of 6 cents per share, outperforming analyst expectations of a 10-cent loss, indicating improvements in cost control and operational efficiency.
- Sales Exceed Expectations: The company achieved quarterly sales of $99.950 million, surpassing the analyst consensus estimate of $96.786 million, reflecting strong market demand and robust product performance, which bolstered investor confidence.
- Significant Stock Surge: Following the positive earnings report, Latham Group's shares jumped 25.7% to $8.10 on Wednesday, reflecting market optimism regarding the company's future growth potential.
- Positive Future Outlook: Latham Group issued FY26 sales guidance above estimates, further solidifying investor confidence in the company's long-term growth trajectory.
See More
Bitcoin Surpasses $70,000, Boosting Crypto Stocks
- Bitcoin Price Surge: Bitcoin crossed the $70,000 mark in early Wednesday trading, reaching $70,906.31, which represents a 4.85% increase over 24 hours and an 8.29% rise over the past week, indicating strong market demand and a recovery in investor confidence.
- Global Market Capitalization Growth: The global crypto market capitalization reached $2.41 trillion, up 4.64% in the past 24 hours, reflecting a resurgence of investor interest in crypto assets, which may attract more capital into the sector.
- Ethereum's Strong Performance: Ethereum traded at $2,051.11, up 3.67% in 24 hours, aligning with Bitcoin's upward trend and further enhancing the overall vitality of the crypto market.
- Market Context Analysis: Crypto-related stocks jumped in premarket trading as risk assets attempted to stabilize following global volatility tied to the Middle East conflict, although oil prices remained elevated, market sentiment improved due to U.S. Navy intervention measures.
See More
Galaxy Digital Announces Voluntary Delisting from TSX
- Voluntary Delisting Decision: Galaxy Digital has announced its intention to delist from the Toronto Stock Exchange effective March 19, 2026, as the Board concluded that operating solely on Nasdaq would be more efficient, reducing additional costs and administrative burdens.
- Concentration of Trading Volume: With the majority of its average daily trading volume executed on Nasdaq or other U.S. markets, Galaxy's decision to focus on Nasdaq ensures liquidity and market efficiency for its Class A common stock.
- Termination of Buyback Program: The normal course issuer bid on TSX will terminate upon delisting, but repurchases on Nasdaq may continue, capped at 5% of outstanding shares, thereby protecting shareholder interests.
- Ongoing Compliance Disclosure: Despite the delisting, Galaxy will remain a reporting issuer in Canada, continuing to provide regular disclosures in accordance with applicable securities laws, ensuring transparency and compliance with regulatory requirements.
See More
Trump Backs Crypto Legislation, Driving Surge in Related Stocks
- Trump's Support: Trump's call for banks to strike a good deal with the crypto industry to advance stalled legislation resulted in Bitcoin surging 6.9% in the past 24 hours to approximately $73,000, marking its highest level in a month and indicating a renewed market confidence in cryptocurrencies.
- Stock Surge: Following this news, Coinbase (COIN) shares jumped 15%, Galaxy Digital (GLXY) rose 12%, Bullish (BLSH) gained 8%, eToro (ETOR) increased by 5.3%, and Robinhood (HOOD) added 8.7%, reflecting investor optimism towards the crypto market.
- Mining Stocks Rebound: Bitcoin mining stocks also revived after months of pressure, with Riot Platforms (RIOT) up 6.4%, MARA Holdings (MARA) gaining 5.5%, Hut 8 (HUT) surging 13%, and Bitfarms (BITF) jumping 10%, showcasing a positive response from mining companies to the market recovery.
- Muted Bank Performance: In contrast, bank stocks saw muted gains, with the KBW Nasdaq Bank Index (BKX) rising only 0.5%, indicating a cautious market sentiment regarding banks' positions on crypto legislation, despite overall optimism in the equity markets.
See More
US Stocks Fluctuate Slightly Amid Oil Price Pressures
- Market Movements: The S&P 500 Index rose by 0.03%, while the Dow Jones Industrial Average fell by 0.11%, and the Nasdaq 100 Index increased by 0.63%, reflecting a slight recovery in the market following reports of indirect contact between Iran and the US to negotiate an end to the conflict, despite ongoing global trade tensions.
- Employment Data Impact: The February ADP employment report indicated an increase of 63,000 jobs, surpassing expectations of 50,000, suggesting a resilient labor market that may support the stock market, while also raising concerns about Federal Reserve policy direction.
- Oil Price Fluctuations: Crude oil prices fell by over 1% after Iran proposed discussions with the US to end the conflict, compounded by Treasury Secretary's comments on potential 15% tariffs on imports, adding to market uncertainty.
- Economic Outlook: This week, the market will focus on US-Iran war news, corporate earnings, and economic data, with expectations for a slight decline in the February ISM services index and an increase of 3,000 in initial unemployment claims to 215,000, highlighting the complexities of economic recovery.
See More
Bitcoin Rally Boosts Galaxy Digital Stock Performance
- Bitcoin Price Surge: Bitcoin surpassed $73,000 on Wednesday morning, rising approximately 6.5% on the day, which directly enhanced market sentiment for crypto-related stocks, making Galaxy Digital one of the top performers.
- Improved Market Sentiment: The strong performance of Bitcoin typically increases the value of crypto assets across the industry, prompting investors to reprice crypto-exposed businesses, with Galaxy Digital benefiting as a liquid proxy for crypto sentiment.
- Strong Short-Term Momentum: Galaxy Digital stock is currently trading 12.77% above its 20-day simple moving average, indicating robust short-term momentum, and over the past 12 months, shares have significantly increased, nearing their 52-week highs.
- Analysts Maintain Buy Rating: Analysts unanimously rate Galaxy Digital stock as a buy, with an average price target of $42.54; despite some firms like Citigroup and Morgan Stanley lowering their targets, the overall market outlook remains optimistic.
See More
Latham Group Shares Surge After Strong Q4 Results
- Strong Earnings Report: Latham Group reported a fourth-quarter loss of 6 cents per share, outperforming analyst expectations of a 10-cent loss, indicating improvements in cost control and operational efficiency.
- Sales Exceed Expectations: The company achieved quarterly sales of $99.950 million, surpassing the analyst consensus estimate of $96.786 million, reflecting strong market demand and robust product performance, which bolstered investor confidence.
- Significant Stock Surge: Following the positive earnings report, Latham Group's shares jumped 25.7% to $8.10 on Wednesday, reflecting market optimism regarding the company's future growth potential.
- Positive Future Outlook: Latham Group issued FY26 sales guidance above estimates, further solidifying investor confidence in the company's long-term growth trajectory.
See More
Bitcoin Surpasses $70,000, Boosting Crypto Stocks
- Bitcoin Price Surge: Bitcoin crossed the $70,000 mark in early Wednesday trading, reaching $70,906.31, which represents a 4.85% increase over 24 hours and an 8.29% rise over the past week, indicating strong market demand and a recovery in investor confidence.
- Global Market Capitalization Growth: The global crypto market capitalization reached $2.41 trillion, up 4.64% in the past 24 hours, reflecting a resurgence of investor interest in crypto assets, which may attract more capital into the sector.
- Ethereum's Strong Performance: Ethereum traded at $2,051.11, up 3.67% in 24 hours, aligning with Bitcoin's upward trend and further enhancing the overall vitality of the crypto market.
- Market Context Analysis: Crypto-related stocks jumped in premarket trading as risk assets attempted to stabilize following global volatility tied to the Middle East conflict, although oil prices remained elevated, market sentiment improved due to U.S. Navy intervention measures.
See More
