Benchmark sees 80% upside on Galaxy Digital, flags Helios AI expansion as underpriced potential

Benchmark, a prominent investment banking firm, issued a highly bullish research note today on Galaxy Digital Holdings Ltd. (GDL), reiterating a ‘Buy’ rating and setting a revised price target that implies an 80% upside from current trading levels. The firm’s optimistic outlook is primarily driven by GDL’s commanding position as institutional adoption of digital assets accelerates following recent regulatory clarifications.

Analysts at Benchmark highlight GDL’s robust, diversified business model encompassing asset management, principal investments, and trading. They argue that GDL’s strong balance sheet and sophisticated infrastructure make it a key institutional gateway to the cryptocurrency market, positioning it to capture significant fee revenue as market capitalization increases.

Crucially, the report places significant emphasis on a currently undervalued element of GDL’s strategic holdings: Helios AI. Benchmark asserts that the market has not fully factored the exponential growth potential of GDL’s investment in scalable, decentralized AI infrastructure. Helios AI is focused on providing high-performance computing (HPC) services critical for complex machine learning and data processing tasks.

According to the note, this strategic foray into the AI sector serves as a powerful, high-margin catalyst for long-term growth. Benchmark concludes that GDL currently trades at a substantial discount, warning that investors who ignore the combined effect of crypto market resurgence and the embedded AI technology play (Helios AI) are missing a compelling investment opportunity.

Source: Benchmark sees 80% upside on Galaxy Digital, flags Helios AI expansion as underpriced potential