Galaxy Digital (GLXY) Stock Continues Upward Trend On Partnership, Analyst Optimism
Posted On July 23, 2025
Shares of digital asset financial services firm Galaxy Digital Inc (NASDAQ:GLXY) are trading higher on Wednesday, continuing a rally sparked by news earlier in the week. The momentum follows Monday’s announcement of a strategic partnership and bullish analyst reports.
What To Know: On Monday, Galaxy revealed a partnership with K Wave Media to accelerate the latter’s Bitcoin (CRYPTO: BTC) treasury strategy. Galaxy will act as an asset manager and strategic advisor as K Wave, which has access to over $1 billion in institutional capital, scales its corporate Bitcoin reserves.
Adding to the positive sentiment, analysts at Piper Sandler on Monday maintained an Overweight rating on Galaxy and …
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