Benzinga
13 Oct 2026, 13:37 UTC · 2h ago
Why is Galaxy Digital Stock Surging Tuesday?
Impact · against what's priced in
The news is largely neutral for CoreWeave as the delivery of IT capacity to Galaxy Digital is a known operational fact. Galaxy Digital sees a modest positive catalyst from the Citi upgrade and the potential for a Helios II tenant to improve earnings visibility, though this is tempered by recent target cuts from Morgan Stanley.
- CRWV+0.00
Already priced in
- The price assumes
Near-term triple-digit revenue growth
The mention of CoreWeave receiving 133 MW of critical IT capacity from Galaxy Digital simply confirms the infrastructure scale already assumed by the market to drive its current revenue growth.
What CRWV's price assumes · Sep 4
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