Galaxy announces $460M strategic investment from a leading asset management firm

Published 1 month ago Negative
Galaxy announces $460M strategic investment from a leading asset management firm
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* Galaxy Digital (NASDAQ:GLXY [https://seekingalpha.com/symbol/GLXY]) has 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 purchase of 9.02M shares from Galaxy and 3.75M shares from certain executive officers of Galaxy, including its Founder and CEO, 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 center campus, which remains on schedule to deliver 133 MW of critical IT load in the first half of 2026 as part of its Phase One lease agreement.
* The investment is expected to close on or about October 17, 2025.
* BRPHF +0.88% after hours to $39.75.
* Source: Press Release [https://seekingalpha.com/pr/20262451-galaxy-announces-460-million-strategic-investment-from-a-leading-asset-management-firm]

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