Step 2: Own the thing that takes years to get. Anyone can order chips. Getting a new data center hooked up to the grid can take years. So a company already sitting on power has something the biggest names in tech will pay up for:

$GLXY @galaxyhq #GalaxyDataCenters #HeliosCampus "The project has already received interconnection approval and is therefore not impacted by the pause in the ERCOT “Batch Zero” process. It has also obtained the air permits, stormwater construction permits and stormwater pollution prevention plan (SWPPP) approval needed from the TCEQ for construction to proceed. Therefore, the directives are not expected to delay the project." My take: Amazing timing to receive those important TCEQ permits right before Abbott's halt. Link: fitchratings.com/research/in…

There is no stock out there like $GLXY and its flywheel for a re-rate just kicked off! Here's what the market is missing about Galaxy Galaxy sits in one of the most in-demand products globally right now: Land, Power, Shell (LPS) And it funded this from its crypto business, which is one of the most successful institutional brokerages in the industry + $3.5 Billion of digital assets held on their balance sheet The flywheel in this business is simple: Use the profits and balance sheet from its crypto business to fund its AI datacenter (LPS) business as well as receive favourable financing deals Because the LPS business takes billions of $ to build out and years to finalize and monetize, the funding part is extremely important The problem in the last 9 months is that the crypto business has been absolutely cooked as crypto fell into a deep bear market Galaxy's balance sheet shrank, its crypto business took a hit and when analysts start to model out how Galaxy can fund its LPS business, it looked like bankruptcy waiting to happen As a result, Galaxy went from a $20B market cap down to an $8B market cap. The market valued Galaxy on its Helios l Data Center alone as it is already online, generating revenue with a long-term contracted client in CoreWeave (valued around $8B) It gave no value to its balance sheet of crypto assets, no value to the crypto business and no value to future Data Centres, likely out of risk it would never happen However, the one thing that could change everything for Galaxy is for crypto prices and the crypto industry to grow once again. If they can grow their balance sheet, become profitable and show growth in the crypto business, the flywheel kicks off and the rest of the LPS business makes sense once again As usual in a crypto bear market, analysts never think crypto will comeback and they start modelling in the bear market numbers as the trend moving forward, forgetting how fast crypto can bounce back If both of these businesses are firing at the same time, Galaxy has optionality for financing and investing across Bitcoin and other digital assets or more AI Data Centres depending on the opportunities that sit in front of them These are two very powerful industries to have expertise in and to have optionality and preferred access in. The possibilities here are endless If crypto does find itself entering a renewed bull market, with clear regulations from the SEC and an incoming Clarity Act in the USA, then Galaxy's crypto business will quickly become extremely profitable and a fast growing business that will require much larger multiple than the market is giving it today (which is basically 0) Add that to the fact that Jensen Haung is telling us that LPS is the most important bottleneck for AI right now, with clear demand for this growing during every earnings quarter, the future data centres to come online for Galaxy will likely be leased at a premium vs. its first contract. And by the way, they have a contract coming any day now for Helios ll, which is similar MW to Helios l. Which means we could have Helios l valued at $8B, Helios ll at another $8B and an incoming crypto business that should be valued around $2-$3B should BTC remain in the $70s-$80s (with potential for much more) I think the stock should be valued closer to $40/share today ($15B market cap), but if we see crypto and AI both growing together, we are not far from Galaxy reaching a $100/share ($35B-$40B market cap) Galaxy is one of the largest positions in my Milk Road PRO portfolio. You can track that portoflio, along with 4 other top-tier analysts real-time portfolios and research inside of Milk Road PRO right now We're increasing prices on August 26 but if you subscribe now, you can lock in current prices for life. Why do this bull market alone if you don't have to? Learn more here: link.milkroad.com/lvwzti Don't forget to give me a follow @kylereidhead for more insights on AI and markets

$GLXY $BRPHF Breaking above the pink trendline this month was Bullish Holding above is flipping a year long resistance into support #Patience

JUST IN: Berkshire Hathaway CEO says company plans to "cash in" on AI through growing data center demand

$GLXY @galaxyhq #GalaxyDataCenters Do you bring external partners in (e.g. JV) for financing your data center business or why does your newly formed data center related entities contain the word "PARTNERS"? I mean Caspian and Merlin require money, aight?! Asking for a friend 👀