Galaxy Digital Holdings Ltd. (GLXY) saw its stock price soar 7.64% during intraday trading on Monday, following the release of the company's Q4 and Full Year 2025 earnings conference call transcript.
The transcript revealed management's enthusiasm for the company's strategic progress, with particular emphasis on the growth of Galaxy's Data Center business. CEO Michael Novogratz expressed excitement about the division, stating "our Data Center business, I couldn't be more excited for it. We're now over 1.6 gigawatts of approved capacity."
Novogratz also highlighted recent regulatory approvals, noting "We got 830 megawatts of additional power approved recently," and praised the State of Texas for being "great to do business with." The positive outlook for the Data Center segment appears to have driven investor confidence in the company's growth trajectory.