The Milk Road Show Why Galaxy Might Be the Most Undervalued Crypto x AI Stock w/ Duncan
11 snips
Sep 5, 2025 
Duncan, an advisor at Delphi Digital and a prominent voice on Twitter, discusses his bullish stance on Galaxy Digital, a unique blend of crypto and AI. He shares insights into his strategic shift from altcoins to public market investments. The conversation dives into macroeconomic factors influencing crypto, highlighting the rise of companies like Galaxy in shaping the digital landscape. Duncan also emphasizes the urgent need for advancements in AI data centers and explores future trends that merge cryptocurrencies with artificial intelligence.
AI Snips
Chapters
Transcript
Episode notes
Macro Deficits Power A Longer Market Run
- Large US fiscal deficits and government AI/stablecoin initiatives create a persistent liquidity tailwind for markets.
- That macro backdrop makes a prolonged, broad market bear market less likely in the near term.
Prefer Public Crypto Exposure Over Random Alts
- Avoid holding a broad basket of altcoins without strong structural demand and scarce supply support.
- Rotate into public crypto exposures (e.g., Coinbase, Galaxy) when you want diversified, tradable exposure.
Buy Galaxy For Balance Sheet Downside Protection
- Buy Galaxy when you see balance-sheet value plus optional upside from AI data centers and crypto services.
- Seek asymmetric downside (balance-sheet cushion) with potential large upside from Helios AI buildouts.