galaxy digital inc.35

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.

Snapshot

Galaxy Digital joined a Senate briefing on market structure legislation and bought 4,969 BTC.

6D ago
VISIBILITY EVENT

Participated in a Senate briefing on market structure legislation alongside Coinbase and Paradigm, organized by the Crypto Council for Innovation on January 7, 2026.

1W ago
WHALE ACTIVITY

Bought 4,969 BTC on January 5, 2026.

2W ago
WHALE ACTIVITY

Deposited 10M USDT into Binance on December 29, 2025 at approximately 05:01 UTC.

3W ago
WHALE ACTIVITY

Received $500M USDC from a Syrup Finance loan into a wallet associated with Galaxy Digital.

VISIBILITY EVENT

Featured as a speaker at the Solana Money Summit, with talk content now publicly available.

OPINION SPECULATION

Predicts stablecoins could surpass US ACH transaction volume in 2026 as adoption grows and GENIUS Act rules take effect.

WHALE ACTIVITY

Received a transfer of $1,500,000 in ETH from Arthur Hayes.

WHALE ACTIVITY

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.

1M ago

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).

$GLXY becomes the first SEC-approved tokenized stock on Solana blockchain.

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.

Galaxy Digital created $620M fund to purchase SOL at $64-$102 per token in May 2024 FTX auctions and handled approximately 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.

2M ago

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.

Galaxy Digital enables tokenization of real equity onchain through Opening Bell platform, providing investors with Nasdaq-equivalent rights plus 24/7 liquidity and programmability.

Galaxy allocates $10M into WisdomTree's tokenized Government Money Market Digital Fund (WTGXX) on Plume, part of fourteen tokenized funds from the $136B asset manager representing the largest onchain fund deployment to date.

Galaxy Digital provides up to $1 billion in insurance for certain custodial assets.

Recent capital raise brings balance sheet to over $4B with company trading at approximately $12B market cap. Morgan Stanley assigns 80-95% probability to next 800MW power approval by Q4 2025 or early 2026, and 35% probability to remaining 1.9GW approval thereafter.

Morgan Stanley initiates OVERWEIGHT rating with $42 price target and sum-of-the-parts valuation of $7.6/share for Digital Assets business and $35.7/share for Helios I-IV+ data centers (3.5GW buildout earning 16.6% unlevered IRR), noting potential REIT conversion as value creation opportunity.

Galaxy Digital cuts Bitcoin year-end price target to $120K from previous $185K forecast, citing whale selling, ETF outflows, and capital shifts toward AI and gold. Galaxy participates in the Global Dollar Network consortium for USDG stablecoin, which surpassed $1 billion in outstanding supply with 41.8% growth over the past month.

GALAXY has 83 holders on Solana, compared to 16336 holders for CHILLHOUSE on the same chain.

Galaxy Digital provides staking infrastructure for Grayscale Solana Trust ETF ($GSOL) alongside Coinbase Institutional and Figment, offering 0% fees with waiver and 7.23-7.6% staking rewards rate with 95% of SOL rewards passed through to investors.

Galaxy Digital invests in Canaan's $72M funding round for utility grade computing and energy infrastructure projects.

Galaxy Digital places a $20M bid for $HYPE on Hyperliquid.

The CRWV partnership contract projects $1.2B per year in revenues with approximately $1.08B in EBITDA at 90% margins when fully operational. Galaxy raised $1.3B through an exchangeable note offering to fund the data center buildout.

The crypto business generated $500M in net income during Q3, with a portion attributed to venture book mark-ups. Helios Phase 1 with CRWV expects to start generating cash flow in Q1 2026.

Capital Group purchases approximately $500M of Galaxy Digital stock at $36 per share. The CRWV partnership contract involves $6-7B in CapEx with projected $16.2B in EBITDA.

Helios project targets an additional 800MW of power capacity, with total capacity expansion plans of 2.7GW for long-term power contracts.

Tom Lee's Bitmine purchases 7,660 ETH worth $29.28 million from Galaxy Digital.

Galaxy commits $10M to WisdomTree's tokenized Government Money Market Fund on Plume Network.

Over 1,531 BTC moved out of Galaxy Digital wallets.

Galaxy Digital publicly states that Solana is becoming the infrastructure of the next financial era.

Jump Crypto transfers 1.1 million SOL ($205M) to Galaxy Digital in exchange for approximately 2,455 BTC ($265M) in a large OTC swap transaction.

Coinbase Prime clients can now access Galaxy's staking infrastructure directly through the Coinbase platform in a new integration that expands institutional staking access.

GALAXY is now live on Ostium platform.

GLXY stock is now available for trading on Ostium platform alongside other crypto stocks.

The $1.15B note offering proceeds will be used to build out Helios infrastructure. Galaxy Digital participates in Circle's Arc public testnet launch as a market maker and OTC liquidity provider.

Galaxy Digital raises up to $1.15B through an exchangeable senior note offering due 2031, which can be repaid in cash or shares.

A non-dilutive note with a 3-year term is issued.

Galaxy Digital wallets experience outflow of 411 BTC.

$GLXY shares are tokenized and brought onchain via Superstate platform, which crosses $1B in total tokenized fund assets.

Q3 operational metrics show trading volumes up 140% quarter-over-quarter, loan book expands from $1.1B to $1.8B, and assets under custody/stake grow from $9B to $15B. CoreWeave data center lease consists of 800MW approved power with cash flow generation targeted for Q1 2026, and Goldman Sachs projects $900M in EBITDA by 2028 while assigning a 35x earnings multiple.

A $175M venture fund focused on the intersection of financial services and crypto is raised. Billions are invested into AI data centers.

Strong earnings announcement followed by 15% price drop the next day.

Stock experiences significant sell-off following the previously reported strong Q3 earnings beat.

Q3 revenue reaches $29B, up 223% quarter-over-quarter, and earnings per share beat expectations by 261%.

Galaxy's Bitcoin ETF sees growing demand from large holders converting physical Bitcoin to ETF shares through tax-free in-kind transfers enabled by July rule change.

Stock reaches new all-time high on 21 million share volume, up 8% while major competitors post losses between 1.5% and 9.2% (COIN, HOOD, IREN, CIFR).

Q3 net income totals $505M, with $3.2B in equity and $1.9B in cash and stables.

Digital asset trading volume surges 140% quarter-over-quarter with one client transaction exceeding 80,000 Bitcoin ($900M), while digital asset treasury mandates add over $4.5 billion in assets and Novogratz identifies Helios as the company's cornerstone.

Ranks #1 trending on Stocktwits platform. (Tweet ID: 1980638122661810369)

Secures $1.4B construction financing from Deutsche Bank for Helios Phase 1 data center with revenue recognition expected H1 2026, receives $460M strategic investment generating ~$325M net proceeds for Helios build, and launches Galaxy One direct-to-consumer platform combining high-yield cash, crypto, and equities.

Q3 2025 earnings significantly exceed estimates described as huge beat and one of best quarters ever, with stock surging in pre-market trading. The crypto side of the business delivers scalable high-margin revenue at a staggering pace.

First earnings report releases before market open. (Tweet ID: 1980441726100860975)

Mike Novogratz states on JourneyMan podcast that Galaxy bets big on on-chain credit as traditional finance races to join the crypto future.

CEO Mike Novogratz attends Wednesday roundtable with pro-crypto Senate Democrats led by Sen. Gillibrand to discuss market structure legislation alongside CEOs from Coinbase, Chainlink, Kraken, Uniswap, and other major crypto industry executives.

Head of Research Alex Thorn declares the structural crypto bull market remains intact, identifies AI capex, stablecoins, and tokenization as next rally drivers, and maintains bullish outlook on BTC, ETH, and SOL expecting medium-term upside after short-term volatility.

GLXY tokenized stock deployed on Robinhood via Arbitrum network, enabling Robinhood EU users to trade Galaxy's tokenized shares as part of an 80-token expansion.

Galaxy Digital deposited another 9.57M ASTER (~$12.53M) into Binance within a 12-hour period.

Q3 results presentation scheduled for October 21 at 11:35 AM ET to discuss markets and quarterly performance.

GLXY tokenized stock goes live on Mass platform for trading, expanding access to Galaxy Digital's tokenized shares via USDC deposits, powered by Dinari Global and Pyth Network infrastructure.

BlackRock acquired Aligned for $40B, including 600MW of live data center capacity, 700MW under construction, and a 5GW+ pipeline across 48 campuses, providing a valuation benchmark for Galaxy's concentrated 3.5GW Helios facility development.

Increased investment in data center business targets 3.5GW power capacity at Helios facility with projected annual revenue over $5B based on existing lease economics.

Galaxy facilitated the first block trade on CME Group's newly launched SOL options alongside Cumberland/DRW, as CME Group expands regulated crypto derivatives to include SOL and XRP options.

Galaxy Digital discussed at Token2049 mainstage why they did not choose Ethereum L2s for tokenizing GLXY shares.

Galaxy Digital deposited 250,000 SOL valued at $51.69M to Binance.

Superstate Inc selected Galaxy Digital as their marquee tokenization partner, with Superstate's Jim Hiltner citing Galaxy's strong institutional business and growing AI infrastructure as key factors in the decision.

GLXY shares are tradeable as tokenized equities on Jupiter and Solscan platforms, with Superstate co-founder confirming transfer of their shares from Fidelity to on-chain.