Galaxy Digital Holdings Ltd. ($GLXY) has attracted considerable attention in the cryptocurrency and investment community due to its extensive involvement across multiple crypto ecosystems and its growing exposure to artificial intelligence (AI) data centers. With a market capitalization of approximately $10 billion, Galaxy Digital's balance sheet exceeds $3 billion, including substantial holdings in Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), and other crypto assets. The company owns a 33% stake in Europe's $CRCL and has diversified investments through joint ventures such as AllUnityStable. Galaxy Digital is also developing one of the largest AI data centers in the United States, known as Helios, which has received approval for 800 megawatts (MW) of power with an additional 1.7 gigawatts (GW) under study. The firm is involved in various aspects of Ethereum, including building, staking, trading, and scaling infrastructure from wallets to validators and decentralized autonomous organizations (DAOs). Jefferies recently initiated coverage on Galaxy Digital with a Buy rating and a price target of $35, highlighting the company's robust cash flow and its unique positioning to benefit from a more favorable regulatory environment for cryptocurrencies and the increasing demand for AI data centers. The firm led a recent $500 million offering alongside Goldman Sachs and Morgan Stanley. Options trading volume for $GLXY has surged, with over $113 million in call premiums purchased in the past week and a record $41 million in call option premiums bought in a single day, indicating strong investor interest. Galaxy Digital is often compared to a combination of Berkshire Hathaway and Goldman Sachs in the crypto sector, reflecting its broad institutional crypto offerings and strategic investments. The company is expected to report earnings on August 5, with potential updates on balance sheet revaluations and other catalysts anticipated by investors.