AI Is Winning The Capital War… Can Crypto Catch Up?
Спикеры
Kyle Reidhead
— Глава отдела исследований, Milk Road
Martin
— Analyst
The Milk Road Pro research meeting discusses the Clarity Act, stablecoin yield compromises, and the massive capital flows into AI infrastructure versus crypto. Analysts Kyle and Martin debate where to allocate, with Kyle favoring AI and stablecoin tokens like Sky, while Martin holds Bitcoin as a hedge and is bullish on Galaxy Digital and Figure. The episode highlights the structural shift as crypto seeks to become the capital markets for AI.
- Clarity Act markup in Senate Banking Committee could unlock institutional crypto adoption.
- AI infrastructure is attracting over $1 trillion in capital, leaving crypto lagging.
- Kyle Reidhead puts Hype on watch, waiting for expansion beyond crypto degens.
- Kyle is long Sky as a bet on stablecoin yield and real-world assets.
- Martin recommends owning Sky and Hype as must-haves for crypto portfolios.
- Martin's top position Galaxy Digital is seen as an undervalued AI data center play.
- Martin is long Figure, highlighting its blockchain loan marketplace growth.
- Martin holds Bitcoin as a hedge, viewing it as digital gold for uncertain times.
Идеи
Needs expansion beyond crypto degens.
For crypto portfolio managers, owning Sky and Hype is essential because they are easy to pitch to traditional funds, their businesses are growing, and they attract institutional capital. Hype is pumping due to USDC partnership and additional revenue.
Undervalued AI data center play.
Galaxy Digital is undervalued because the market sees it as a crypto company, but it has significant AI data center exposure. A potential approval of additional 1.8 GW power could drive high double-digit growth. It is my biggest position.
Blockchain loan marketplace growth.
Figure uses blockchain to simplify loan origination, driving costs down 90%. Revenue grew 92% YoY, adjusted EBITDA grew 192%. The marketplace volume is growing rapidly.
Bet on stablecoins and yield.
For crypto portfolio managers, owning Sky and Hype is essential because they are easy to pitch to traditional funds, their businesses are growing, and they attract institutional capital. Hype is pumping due to USDC partnership and additional revenue.
Далее
This Milk Road Macro video, published May 14, 2026, features Kyle Reidhead, Martin discussing HYPE, GLXY, FIGR, SKY, BTC. 5 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Kyle Reidhead, Martin · Tickers: HYPE, GLXY, FIGR, SKY, BTC