Galaxy Digital CEO Warns Crypto Treasury Firms Must Create Shareholder Value
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
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Source: Benzinga
- Shareholder Value Warning: Galaxy Digital CEO Mike Novogratz emphasized that cryptocurrency treasury companies will continue to trade at 80% to 95% of their net asset value unless management focuses on creating shareholder value, highlighting the need for transformation.
- Market Condition Analysis: Novogratz stated that the previous model of hyping stocks to attract investors is over, and only through innovative management can true value enhancement be achieved.
- Industry Trend Observation: Currently, there are approximately 200 cryptocurrency treasury companies with a combined market capitalization of around $150 billion, which has tripled from last year, yet many are criticized for chasing volatile tokens.
- Investment Strategy Suggestion: Novogratz advised that cryptocurrency treasury firms should leverage their team's skills to find new business models rather than relying solely on traditional exchange-traded funds.
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About AVX
AVAX One Technology Ltd., formerly AgriFORCE Growing Systems Ltd., is a Canada-based company. The Company is focused on building a digital-asset treasury, fostering innovation, and investing in decentralized financial technologies that benefit from the Avalanche network. It offers investors regulated access to the Avalanche (AVAX) ecosystem. Avalanche is a high-speed, institutional-grade blockchain designed as a foundational digital settlement layer for the continued growth in finance-related industries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
