Jim Cramer Recommends Selling Crypto-Related Names Like Galaxy Digital

Galaxy Digital (NASDAQ:GLXY) is one of the stocks Jim Cramer talked about, along with market froth. During the episode, Cramer was bearish toward the stock, as he said:

Hey, speaking of crypto, a couple of other crypto-related names have had big pops to begin with in 2026, even as the broader crypto market still seems stuck, if anything, really, negative today. Galaxy Digital and Figure Technologies, they’re up…. Here’s what you do when you hear those and see those and own those, [sell, sell, sell].

Galaxy Digital (NASDAQ:GLXY) provides a platform for digital asset trading, staking, and asset management services. The company also operates data center infrastructure. Cramer mentioned the company during the June 10, 2025, episode and remarked:

But what they’re really interested in are stocks that don’t get coverage, even if they trade millions and millions of shares every day. Look at the volumes of these things. We all ought to be talking about them constantly, stocks like… Galaxy Digital… [It] is run by Mike Novogratz. Here’s a company that specializes in all this stuff that young investors can’t get enough of, digital assets, cryptocurrencies, blockchains. Michael pops up on Squawk Box. He’s incredibly articulate, as you’d expect from a former partner of both Goldman Sachs and Fortress Investment Group. He’s basically a good guy.

When I think of this cohort, I wonder why we don’t devote hours to this stuff because there’s a hunger for it like no other I’ve ever seen. Any stock that trades 10 million shares a day is worth covering, but there’s no analyst covering them, and nobody knows anything about them. Wall Street ignores them entirely. Now that the IPO window’s open again, I believe we’ll see dozens of these companies come public, and they’ll continue to go uncovered because they have no pedigree and no sponsorship.

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Disclosure: None. This article is originally published at Insider Monkey.