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Galaxy Digital initiated with a Buy at BTIG

BTIG analyst Gregory Lewis initiated coverage of Galaxy Digital (BRPHF) with a Buy rating and C$30 price target Galaxy Digital is a diversified digital asset company with multiple verticals across the digital asset ecosystem, the analyst tells investors in a research note. The firm believes the company is well positioned to benefit from increasing demand for prompt power in the near term while its global markets and asset management should continue to gain traction as crypto adoption increases over the long term.

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