Galaxy Digital stock jumps 17%+ after the company approved a share buyback program of up to $200M over the next 12 months
Galaxy Digital stock jumps 17%+ after the company approved a share buyback program of up to $200M over the next 12 months
The repurchase plan follows a volatile earnings week and signals confidence in the firm's balance sheet. — What to know:
Galaxy Digital reports a Q4 net loss of $482M, above $282M est., driven primarily by the crypto market crash, and says its trading volumes declined ~40% QoQ
Billionaire Michael Novogratz said he remains optimistic even after Galaxy Digital Inc. posted a wider-than-expected loss …
Galaxy Digital plans to launch a hedge fund in Q1 2026, investing up to 30% in crypto tokens and the rest in financial stocks; sources say it has raised $100M
Billionaire's firm plans portfolio to profit from rising and falling prices, following sharp sell-off in digital assets sector
Galaxy Digital reports Q3 net income up 1,546% QoQ to $505M and total assets up 27% QoQ to $11.5B, including $1.9B in cash and stablecoins and $3.2B in equity
Blockworks :
Forward Industries raised $1.65B via a private investment in a public equity offering led by Galaxy, Jump, and Multicoin for a Solana asset treasury strategy
- Forward Industries, Inc. announced a $1.65 billion private investment in a PIPE offering led by Galaxy Digital, Jump Crypto …
Michael Novogratz says Galaxy Digital is in talks with the US SEC about tokenizing its own stock as well as other equities using its digital-asset platform
Olga Kharif / Bloomberg :
Galaxy Digital, which has traded on the Toronto Stock Exchange since 2020, started trading on the Nasdaq on Friday under the ticker GLXY; the stock closed up 4%
WATCH NOW — Mike Novogratz' crypto firm Galaxy Digital started trading on the Nasdaq Friday under the ticker GLXY.
Layer 1 blockchain project Avalanche raised $250M via a locked token sale co-led by Galaxy Digital, Dragonfly, and ParaFi, to support its Avalanche9000 upgrade
- Layer 1 blockchain project Avalanche has raised $250 million in a locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital.
Galaxy Digital signs a non-binding deal with a US-based hyperscaler company to use its 800MW of mining capacity for hosting high-performance computers
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.