Galaxy Announces $460 Million Strategic Investment from a Leading Asset Management Firm

Executive Summary

• Galaxy Digital Inc. entered into agreements for a $460 million private strategic investment in its Class A common stock at $36 per share.
• Proceeds will be used for general corporate purposes and to fund the build‑out of the Helios data‑center campus (targeting 133 MW by H1 2026).
• The transaction is expected to close around October 17, 2025; Galaxy also announced that its Q3 2025 financial results will be released on October 21, 2025.

Key Details

• Investment Size & Price: $460 million total; purchase price of $36 per share.
• Shares Purchased: 9,027,778 shares from Galaxy and 3,750,000 shares from executive officers (including Founder/CEO).
• Use of Proceeds: General corporate purposes and financing the Helios data‑center campus build‑out (Phase One lease agreement).
• Closing Timeline: Anticipated closing on or about October 17, 2025, subject to customary conditions and Toronto Stock Exchange approval.
• Regulatory Notes: Transaction is a private placement; securities not registered under the U.S. Securities Act and may only be resold pursuant to an effective registration statement or exemption. Galaxy will use commercially reasonable efforts to file a resale registration statement for the shares sold.
• Financial Results Announcement: Q3 2025 results to be reported before Nasdaq opens on Tuesday, October 21, 2025.
• Conference Call/Webcast: Management will host an investor call on October 21, 2025 at 8:30 AM ET; live webcast available via Galaxy’s investor website and YouTube channel, with replay thereafter.

Notable Quotes

“Strengthening our balance sheet is essential to scaling Galaxy's data center 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 centers.”