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The stock moved higher as investors reassess the earnings miss and pivot to AI datacenter growth; if leasing ramp progresses, near-term upside could materialize despite the miss.
What happened, with direct paths to the underlying reporting
Galaxy Digital shares rose as investors digest a Q2 revenue miss while evaluating the company's push into AI data center capacity and forward leasing momentum. The pivotal question is whether the AI infrastructure push can lift profitable growth and cash flow, given a quarterly miss and the time required to scale datacenter capacity and leases.
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