The CEO of Galaxy says that Bitco-Holding has its climax. star-news.press/wp
Perhaps the increase in companies created to hold encryption assets has reached its peak. The CEO of Galaxy Digital Mike Novoghatz has warned that success in the future will depend on strategic locations instead of accumulating simple assets.
The cabinet release the peak behind us
Speak on Galaxy Call Q2 profits On Tuesday, Novograzat said that the deployment of cryptocurrency companies was probably its climax. “Maybe we have passed the PEAK TreASURY Company,” he said. “The question now is any of the current companies that will become monsters.”
ETHEREUM already have two main holders in the Treasury – Tom Lee and Joe Lubin’s Sharplink – is expected to continue to grow. Novugratz has warned that new arrivals may have difficulty obtaining oxygen. “
Galaxy Digital cooperates with more than 20 Checks Carcraft companies, and has obtained management fees to oversee their digital asset holdings. These partnerships added nearly two billion dollars to the Galaxy platform, which led to the generation of what Novoghatz called “the frequent income that will continue and continue.”
The rise of American Coding Treasury companies benefited from improving organizational conditions. The first adoption followed the heavy Bitcoin approach from Microstrategy, while the new arrivals have diversified in Ethereum, Solana and other symbols.
Galaxy has recently implemented Novogratz “a $ 9 billion trade”, which is believed to be “the largest or one of the largest bitcoin deals in history.” Successful implementation showed confidence in the strong market in the brand and Galaxy services. July has the best month for Galaxy ever in all business lines.
Distinctive stock plans with strong Q2 performance
Galaxy has foot It plans to issue symbolic versions of the shared shares of the Glxy Class through the release bulletin supplement. Deposit for up to 245 million shares is available to be reselling by current shareholders. Galaxy shares are trading on both Nasdaq and Toronto Stock, under the “Glxy” icon.
Galaxy Q2 results Show The company added 4,272 of Bitcoin during the quarter, with total holdings to 17,102 as of June 30. The company has reached a net income of $ 30.7 million, the rights of shareholders of $ 2.6 billion, $ 1.2 billion in cash and Stablecoins. Galaxy also completed sales of more than 80,000 Bitcoins on behalf of customers, and has $ 15 million of XRP codes.
Galaxy CEO says that post Bitcoin companies heading to their climax, and he first appeared in Beincrypto.
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2025-08-06 01:00:00
