Review of Galaxy Digital Holdings

JUL 16, 2024 - GLXY operates in the nascent and growing digital assets and blockchain space, which is known for its significant levels of volatility. Although, the company has demonstrated its ability to compete and grow in a difficult market environment, as well as show innovation in growing its lines of business. With the potential for a continued rise in interest in the crypto industry, we feel GLXY is in an industry-leading position to benefit from a growing interest. We are initiating coverage at a ‘B’.

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Galaxy Digital Holdings Ltd. ordinary shares (GLXY)

Q: I am up 103% up on Galaxy digital. I am thinking of taking the money and running . But before I do, what do you foresee ( in your crystal ball) the future of this stock? My experience is that I sometimes sell too early.
Cheers,
Tamara

Read Answer Asked by Tamara on April 17, 2025

Q: I hold WELL, LMN, GLXY , EIF in roughly equal amounts in my TFSA and they are approximately 5% of my total cash and RRIF portfolios. My initial TFSA set up was for small cap growth stocks as other portfolios are full of banks , utilities, pipelines etc. Am retired and have enjoyed playing the “ riskier “ side of my portfolios , but haven’t made much money at it ! Am looking at selling it all and buying HTA for its
10 % distribution while keeping me in a growth sector. I like the idea of getting some money NOW instead of waiting till I sell. What do you think of this approach ? Possibly split the portfolio with HTA and EIF ? If I sold in stages in what order would you sell ? Thanks Derek.

Read Answer Asked by Derek on April 17, 2025

Q: I started accumulating positions in these the last couple of days with intentions of adding more. Was never able to get in at decent prices ever before. They have all bounced back today and are in green quite nicely which is great but they are only small positions and I wanted to buy more. Do I wait as this mess will give another chance to get in Or do i average up ? Any issues with anything on the list ?

Read Answer Asked by Andre on April 10, 2025