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BTCC / BTCC Square / Global Cryptocurrency /
Galaxy Digital Receives Upgraded Buy Rating Ahead of Nasdaq Listing

Galaxy Digital Receives Upgraded Buy Rating Ahead of Nasdaq Listing

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-14 19:58:02
0

H.C. Wainwright, a prominent U.S. financial firm, has raised Galaxy Digital Holdings’ price target from $30 to $39, maintaining a Buy rating. The upgrade comes as Mike Novogratz’s crypto financial services firm prepares for its Nasdaq uplisting, currently trading at $32.09 per share.

Despite posting a $295 million net loss in Q1 2025 due to challenging macro conditions for crypto firms, analysts see strong growth potential. The firm’s AI infrastructure capabilities and Novogratz’s leadership continue to attract institutional confidence during a volatile market period.

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