Following a disappointing second-quarter earnings report, Galaxy Digital shares plummeted by 16%, making them a lucrative investment opportunity, as per an analyst report shared with Cointelegraph. Despite negative metrics like a significant net loss and decreased trading revenue, Benchmark fintech analyst Mark Palmer highlighted positive developments in Galaxy's institutional digital asset platform and plans for expansion. The company's Helios data center in Texas is poised to benefit from the growing demand for power in AI and HPC projects. Additionally, Galaxy's collaboration with State Street Global Advisors to launch new ETFs beyond Bitcoin showcases its innovative approach. By tokenizing assets like a Stradivarius violin, Galaxy is exploring new avenues for collateralized loans. Palmer maintains a bullish outlook on Galaxy's stock, with a price target of $19 CAD, emphasizing its growth potential despite recent setbacks. Read more AI-generated news on: https://app.chaingpt.org/news