Galaxy Digital formalizes $460-million investment

Mr. Mike Novogratz reports GALAXY ANNOUNCES $460-millION STRATEGIC INVESTMENT FROM A LEADING ASSET MANAGEMENT FIRM Galaxy Digital Inc., following an agreement reached earlier this week, today entered into investment agreements with one of the world's largest and most respected asset managers for a $460-million private strategic investment in Galaxy's Class A common stock, consisting of a purchase of 9,027,778 shares from Galaxy and 3.75 million shares from certain executive officers of Galaxy, including its founder and chief executive officer, at $36 per share. Galaxy intends to use the proceeds from the investment for general corporate purposes and to power the buildout of its Helios data centre campus, which remains on schedule to deliver 133 megawatts of critical IT load in the first half of 2026 as part of its phase one lease agreement. "Strengthening our balance sheet is essential to scaling Galaxy's data centre business efficiently while maintaining the financial flexibility to support future growth," said Mike Novogratz, founder and CEO of Galaxy. "Having one of the world's largest and most sophisticated institutional investors make such a significant investment in our company will support our strategic vision and our ability to build leading businesses across digital assets and data centres." The investment is expected to close on or about Oct. 17, 2025, subject to customary closing conditions, including approval by the Toronto Stock Exchange. In connection with this announcement, Galaxy also announced the date of its third quarter 2025 financial results, which will be reported before the opening of Nasdaq on Tuesday Oct. 21, 2025. Mr. Novogratz and members of management will host a conference call to provide an update to investors and analysts on the company's activities and results on the same day at 8:30 a.m. Eastern Time. A live webcast will be available at https://investor.galaxy.com/ and on the company's YouTube channel. A replay of the webcast will be available and can be accessed in the same manner as the live webcast on the company's investor relations website. About Galaxy Digital Inc. Galaxy Digital is a global leader in digital assets and data centre infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. We seek Safe Harbor.