95134883 - 1_8otmf14k - PID 1851201
    
    
      
    
  

  
    
        Galaxy Digital Holdings
was
        the top mover up the
        INK Edge rankings last
week.
        Galaxy now has
        a mostly sunny outlook
putting it in the
        top 30% of all stocks
        ranked on the basis of
value,
        insider commitment, and
price momentum.
        Galaxy provides
shareholders with
        a 23.3% share of
        privately-held Galaxy
Digital Holdings LP
        which focuses on
cryptocurrency trading,
        principal investments,
        asset management, and
advisory services.
        The LP investments include
exposure to
        23 different
cryptocurrency
        and blockchain-focused
companies.
        The top three holdings are
Ripple Labs,
        Inc., Block.one, and
Silvergate Capital.
        Galaxy Digital’s asset
management
        segment can serve as
        a proxy of sorts for
        institutional interest in
        the cryptocurrency space.
        As of March 31st,
        the LP reported US$356.2
        million under management.
        That was down 15% from a
year earlier,
        but up from the low set in
September.
        Most importantly, we're
keeping an
        eye on insider activity.
        On that front, CEO Michael
Novogratz
        was buying last week.
        The stock’s rebound
combined with
        CEO buying suggests that
        the cryptocurrency space
could be
        an area that emerges as a
relative winner
        in the months ahead.
        Get our full report via
INKResearch.com or
        the Canadian Insider Club
at
        CanadianInsider.com.
        This report is not
        a recommendation to buy or
sell securities.