r/wallstreetbets
$GLXY YOLO
Bullish on $GLXY citing CEO's claim of NA's largest data center and an imminent deal to lease 1.6 GW capacity by July.
- CEO claims ownership of the largest data center in North America, implying significant infrastructure asset value.
- Anticipated major deal by July 4 or end of summer to lease over 1.6 GW of capacity, signaling strong revenue visibility.
- High conviction YOLO position suggests investor confidence in near-term catalyst realization.
- Reliance on unverified executive statements from a podcast rather than formal press releases or filings.
- Specific deadline promises (July 4) carry high execution risk if delayed to 'end of summer' or beyond.
- Lack of detailed financial metrics or counterparty information in the post makes due diligence difficult.
(Not a space stock even though the ticker sounds like it)
$GLXY CEO was interviewed over the weekend (June 6) on a podcast and says that they have the largest data center in North America and that they are going to do a deal by July 4 (or end of summer at the latest). After that deal, they will have over 1.6 GW of capacity leased out.
Video below, segment starts at 16:10
https://youtu.be/8KgCb6RvxcI?si=E7o-K47SwjqqtLc8
Position:
6,686 shares @ $29.03
Very good I agree
damn 200k
Not an easy stock to decipher as many people don't understand well the crypto side + data center side.
But agree with you => if you do a Sum of the Parts of both business, the company is currently undervalued ++
glxy splitting brain cells between crypto and data centers yeah
Shorting it immediately
If bitcoin turns around this thing is flying. They have a strong underlying business that is driving the current stock price but the crypto holdings are holding them back. If bitcoin runs, this thing is going insane.
Bagholding it for almost a year now. Please moon it AFTER the anniversary so I can get some tax savings for my conviction. Should've waited back then and entered when it was like ~$18 for some tidy profits, now I'm praying the thesis holds and it detaches itself from BTC so I can finally lock some healthy profits.
In it for 17,250 shares at $28
That’s a big stake. I’m in for \~9,500 shares but average is higher, around $31. Bought an addition 25k right around the bottom of this last pull back. Core business is great, but crypto pullback is holding the stock down. If BTC runs this thing will run hard.
Missed my opportunity friday. I want this stock but the next 2 weeks of macro data is going to be rough on tech stocks in general.
Hoping to get a discount in a few weeks
Nice low PE at -90
Take a look at the short interest and tell me this isn’t primed to launch to $50/share
Bought it when it was on DD, back then it was a crypto thing but I guess it switched to AI now
Still has to pass the senate but yea that is a major financial disruptor in general.
Plus cpi coming up, ecb and boj rate hikes, possible fed hike, spacex and openai ipos, and ongoing energy problems.
Definitely wont be a smooth June
Should I invest in this company if I think data centers are horrible, but could be improved?
Additional 1.8GW at Helios under study as well. Huge opportunity
SOHN conference hedge fund manager pitched galaxy few weeks ago- watch thesis and target prices - Bitcoin exposure of GLXY making investors ignore this but it will have one of the largest data center leasing revenues vs competitors as it has 1.6GW of approved power. Traders correlate this with Bitcoin price when all their operating profit is data center lease.
https://youtu.be/celCM4tf1L0?si=y0cazKzCL-KI_Mr0