what's galaxy digital inc.?
Galaxy Digital Inc. is a diversified financial services and investment management firm focused on digital assets, blockchain technology, and emerging infrastructure like AI data centers. Founded by Mike Novogratz, the company offers institutional-grade services including trading, asset management, mining operations, and advisory for crypto and blockchain projects. Key initiatives include the Helios project, which converts former Bitcoin mining facilities in Texas into high-performance AI data centers with up to 3.5 GW capacity, secured by a $1.4 billion loan and partnerships like CoreWeave. Galaxy Digital recently launched GalaxyOne, a retail-facing app combining crypto trading, equities, cash yields up to 8% APY, and auto-investing features to compete with platforms like Robinhood and Coinbase. Through its AllUnityStable joint venture with Flow Traders and DWS (33% ownership), it is developing EURAU, the first fully regulated MiCA-compliant euro-backed stablecoin. The firm is also evaluating conversions of BTC mining sites to AI infrastructure and expects significant fees from data center deals.
Galaxy Digital supports tax exemption, launches business accounts, and backs a MiCAR-compliant stablecoin.
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x.com/galaxyhqSigned an open letter with the Crypto Council for Innovation and other organizations supporting a de minimis exemption for digital asset transactions in U.S. tax rules.
Launching GalaxyOne for Business, a new account type for LLCs, trusts, and other U.S. business entities, enabling them to manage cash liquidity, earn yield, and access multi-asset portfolio management on the GalaxyOne platform.
Backed AllUnity's MiCAR-compliant euro stablecoin EURAU, which launched on Stellar targeting banks, fintechs and payment providers, alongside DWS and Flow Traders.
Raised $175M for Venture Fund I in June 2025.
Marc Hochstein from Galaxy Digital is scheduled to speak at OPNEXT2026 conference on the topic of institutional investment in Bitcoin.
Led a $5M funding round for Axis, an on-chain quantitative yield protocol, with participation from OKX Ventures and FalconX Global.
Considered a potential recovery play in the neocloud sector alongside BTC miners operating HPC datacenters, following sector sell-off from Oracle/OpenAI concerns, Bitcoin price drops, and broader crypto space impact.
Selected by BlackRock as an approved validator powering staking for the iShares Staked Ethereum Trust ETF (Nasdaq: ETHB).
Received approval for over 1.6 GW of capacity at Helios AI data center in West Texas.
Launched on-chain proxy voting for shareholders with Broadridge, tokenizing $8 trillion per month in corporate voting via its Avalanche-powered platform.
Completed a large OTC transaction with DeFiance Capital, settling in USDO (a yield-bearing stablecoin).
Participates in SoFi's $20B business banking launch on Solana.
Leased first 800 MW of Helios capacity to CoreWeave for 15 years, representing $7.5B investment for HPC services.
Suffered a hack on a segregated R&D/testnet workspace on April 1, 2026, with no client funds, user information, or core systems compromised.
Rolled out Solana staking on US retail platform, offering up to 6.5% variable APY.
Facilitated OTC sale of 1,018 BTC ($70.4M) for Bhutan by March 31, 2026, routing sales with OKX to avoid market impact during government holdings drawdown, reducing holdings to 3,954 BTC.
Transferred 3,499 BTC out of Galaxy Digital wallets.
Matching the U.S. Treasury's $1,000 Trump Accounts contribution for eligible children of U.S. employees, providing a total $2,000 investment per eligible child.
Has 40+ institutional partners including Galaxy Trading, Flow Traders, QCP, and Selini Capital.
Sold 700 BTC on March 20, 2026.
Provided a $40 million loan to Forward Industries, collateralized by Solana holdings, to fund a $27.4 million share buyback.
Holds 6,899 BTC, valued at approximately $450M as of March 20, 2026, ranked #16 on the Bitcoin Treasury list.
Moved over 1,346 BTC in a few hours on March 16, 2026.
Experienced an outflow of 405 BTC from Galaxy Digital addresses.
Purchased 2,555 BTC ahead of U.S. market open on March 10, 2026.
Transferred 245 BTC (~$16.8M) to whale address bc1q8 on March 9, 2026, and facilitated a total of 495.3 BTC (~$33.4M) in transfers to the same whale over the past two weeks at an average price of ~$67,430.
Sold 3,100 BTC over a multi-day period ending around March 6, 2026.
Purchased 2,555 BTC worth approximately $189 million within a 40-minute window ending around 2026-03-04 09:06 UTC.
Delisted from TSX, consolidated listing on Nasdaq, filed inaugural annual report as a U.S.-listed company.
Holds 6,894 BTC with an average entry price of $119,300 per BTC, valued at $490.16 million as of March 2026.
Received 601 mentions on social media over the last 24 hours, ranking among financial firms tracked by LunarCrush.
Launched GalaxyOne retail product, tokenizing GLXY equity shares natively on Kamino's Superstate Market on Solana as borrowing collateral for non-US investors with onchain voting rights; GLXY added Q1 2026.
Achieved $31.99M in profit and loss (PnL) on Hyperliquid perpetuals over a 30-day period.
Co-organized a networking event called Sunset Social in collaboration with Animoca Brands and Monad, attended by investors and founders in the Web3 space.
Led $7M seed round for Levl with Variant Fund.
Sold $9 billion worth of BTC.
Evaluates quarterly split into crypto and AI companies; backs NickAI and runs its agentic trading platform via own trading desk.
Hosts an X Spaces session on 2026-02-12 at 1:30pm ET to discuss latest earnings results with Q&A.
Deposited 200,000 SOL ($16M) to Binance, OKX, and Bybit over a 5-hour period ending on 2026-02-12.
Deposited 245 BTC (~$16.91M) into Binance on 2026-02-11, with total deposits of 1,680 BTC (~$148.58M) over the past 7 months.
Participates in Consensus 2026 conference in Hong Kong from February 10-12, 2026, with team members speaking and presenting on stage.
Authorized a $200 million share buyback program to be executed over the next 12 months, ending February 2027.
Invested $7.1M in Tenbin, a tokenization-focused company.
Insiders are actively buying shares.
Was the only desk capable of facilitating one-way swaps from direct Bitcoin holdings into IBIT-style ETF rails before in-kind redemption mechanisms were available.
Hosts a live Earnings AMA on X Spaces on 2026-02-10 at 11:00 AM ET with CEO Mike Novogratz and senior leaders to discuss Q4 earnings results.
Scheduled to report earnings this week, highlighted as a bellwether for institutional crypto activity alongside Strategy and Bullish in earnings season coverage.
A whale or institution lost 4,556 ETH ($12.4 million) on January 31st, 2026 in a copy-paste phishing attack involving a deposit to Galaxy Digital's address, where the attacker created a poison address with matching first and last 4 characters to Galaxy Digital's deposit address (0x6D90CC8Ce83B6D0ACf634ED45d4bCc37eDdD2E48).
Launching a $100 million crypto hedge fund that will invest up to 30% in crypto and the remainder in crypto-linked stocks.
Partnered with Securitize in a collaboration discussed by Superstate's General Counsel.
Hired Ira Auerbach to lead product strategy, bringing experience from Offchain Labs, Nasdaq Digital Assets, Gemini, Palantir, and BNP Paribas.
Debuted $75M tokenized CLO on Avalanche to fund crypto-backed lending facility.
Mike Novogratz is scheduled to speak at Bitcoin Investor Week in New York City, taking place in February 2026.
Participated in a Senate briefing on market structure legislation alongside Coinbase and Paradigm, organized by the Crypto Council for Innovation on January 7, 2026.
Bought 4,969 BTC on January 5, 2026.
Deposited 10M USDT into Binance on December 29, 2025 at approximately 05:01 UTC.
Received $500M USDC from a Syrup Finance loan into a wallet associated with Galaxy Digital.
Featured as a speaker at the Solana Money Summit, with talk content now publicly available.
Predicts stablecoins could surpass US ACH transaction volume in 2026 as adoption grows and GENIUS Act rules take effect.
Received a transfer of $1,500,000 in ETH from Arthur Hayes.
Transferred USDC to Arthur Hayes as part of a $32M aggregate movement over 48 hours ending December 17, 2025, alongside Binance, Wintermute, and other platforms.
The tokenized Galaxy stock drops 30%.
Transferred 2k ETH (~$6.27M) to DBS bank 7 hours ago; current holdings stand at 158.77k ETH (~$499M) and 7,861 BTC (~$706.5M).
Galaxy Asset Management joins partnership with Ondo Finance and State Street Investment Management for a new private tokenized liquidity fund bringing traditional cash management onchain, with Ondo investing $200M in State Street's tokenized fund.
Listed Galaxy Digital stock (GLXYon) as SEC-approved tokenized stock on Ondo Global Markets by Ondo Finance on Solana on March 19, 2026.
Integrates Chainlink CCIP and NAVLink for State Street tokenized fund to enable cross-chain interoperability and real-time NAV reporting. JPMorgan creates Solana-based USCP token to facilitate the commercial paper debt offering.
JPMorgan arranges $50 million U.S. commercial paper issuance for Galaxy Digital on Solana blockchain, with Coinbase and Franklin Templeton purchasing the notes and payment/redemption conducted in USDC.
Partnership with State Street to launch SWEEP tokenized liquidity fund on Solana in early 2026, seeded with $200M from Ondo Finance using PYUSD for onchain subscriptions and redemptions.
Acquired 25.5 million locked Solana tokens at $64 per token in May 2024 FTX auctions, utilizing a $620M fund, and handled 6.5 million SOL sales via OTC desks from April-October 2025.
Announces expansion into Abu Dhabi with new ADGM office, extending global presence to Middle East.
Galaxy Digital acquires Alluvial.
Citizens Financial Group, a top 20 US bank by assets, publishes research report with $60 price target, estimating Helios Phase 1 & 2 alone worth ~$26/share.
Galaxy Digital transferred 900 BTC ($81.59M) to a newly created wallet 2 hours ago.
Galaxy warns Bitcoin treasury companies enter "Darwinian phase" with collapsing premiums causing significant losses in leveraged positions, stating only strongest balance sheets may survive this shakeout.
Q3 results show $505M net income, $730M adjusted gross profit, and loan book of $1.78B. CoreWeave signed 15-year triple-net lease for 100% of Helios facility's 526 MW IT load with projected $1B annual revenue and 90% EBITDA margins when fully operational by 2027-2028.
Chris Matta announces Liquid Collective will add Traditional Finance institutions to its governance consortium in 2026.
Leads $5M funding round for Axis, focused on bringing institutional yield across USD, Bitcoin, and Gold.
Galaxy Digital acquires Alluvial Finance and assumes development and maintenance of Liquid Collective, an institutional liquid staking protocol offering tokens like LsSOL.
The 1-day chart shows an inverse head and shoulders pattern formation.
Galaxy Digital leads $5M seed funding round to bring institutional-grade trade execution to DeFi.
Forward Industries announces Galaxy Digital-backed proprietary AMM launch on Solana with Jump Crypto infrastructure input, currently in testing.
Galaxy Digital ranks 3rd in the CeFi crypto lending league table at the end of Q3 2025, with the aggregate crypto lending market reaching nearly $25 billion in outstanding loans, the highest since Q1 2022 peak.
MSCI lists Galaxy Digital Holdings among 38 companies for potential exclusion from major JPMorgan-endorsed indexes due to >50% digital asset holdings, with decision date of January 15, 2026.
Galaxy Solana ETF S-1/A filed with SEC under ticker QSOL, set to go live next week following 8-A filing.
Q3 results show $629M total EBITDA with $250M (40%) from crypto operating business. Helios data center has 800MW contracted with another 800MW pending approval, projected to generate ~$600M in recurring EBITDA by next year.
Galaxy Digital provides financing secured by 2,116 BTC to Exodus for its $175M acquisition of crypto card and payment firms Baanx and Monavate.
Withdrew 7,098 ETH (~$19.42M) from Binance 11 hours ago, bringing total monthly withdrawals to 14,096 ETH (~$44.12M) at an average entry price of $3,130.
Galaxy Digital receives 10,975 ETH (~$33.5M) from Sharplink Gaming in two separate transfers: 5,533 ETH (~$16.48M) and 5,442 ETH (~$17.02M) over consecutive days.
Galaxy Digital secures $1.15B in capital, including $360M stock sale to Capital Group at $36 per share, to fund crypto and data center strategy.
Galaxy Digital makes $13.4M in 24 hours trading perpetuals on Hyperliquid exchange.
Galaxy Digital deposits $134.1M in BTC to Coinbase.
Galaxy collaborates with Pendle Finance on fixed income products.
Bitmine Immersion purchased 67,021 ETH ($234.47M) from Galaxy Digital, FalconX, and Coinbase over the past week.
Galaxy Digital wallets experience outflow of 200 BTC.
Anchorage Digital received 4,094 BTC ($405M) from Galaxy Digital, Coinbase, Cumberland, and Wintermute within 9 hours.
Q3 2025 delivers $505M in net income, marking the best quarter in company history.
Wintermute serves as primary market maker with 1-year protocol period for a token launch where Galaxy participates, with GSR joining Galaxy for 1-month market making to handle initial selling pressure.
Galaxy Digital delivers 800MW contracted data center capacity to CRWV at Helios campus with Phase 1 completion targeted for Q1 2026, part of a single-campus site with 3.5GW total potential capacity.
Galaxy acts as market maker for Monad token launch with 30 million MON token loan agreement spanning 1 month with monthly renewal option. The arrangement is part of the first large-scale token issuance to fully disclose market makers, loan sizes, and execution periods according to Coinbase filing.
Director Douglas Deason purchases 10,000 shares in open market on 11/07/2025 across five transactions at prices ranging from $28.95 to $31.559.