jcouncil

[jcouncil @James__Council]

GLXY Galaxy Announces the Appointment of Steven Bandrowczak to Board of Directors
July 13, 2026
PDF Version
NEW YORK, July 13, 2026 /PRNewswire/ -- Galaxy Digital Inc. (Nasdaq: GLXY) (the "Company" or "Galaxy"), a global leader in digital assets and data center infrastructure, today announced the appointment of Steven Bandrowczak, a veteran enterprise-technology and operations executive, to its Board of Directors as an Independent Director, effective immediately. Mr. Bandrowczak will also serve as a member of the Board's Audit Committee.

📷

Mr. Bandrowczak brings more than three decades of senior technology and operating leadership across global enterprises, spanning IT and data infrastructure, logistics, and enterprise services. He advises enterprise leaders on adopting and scaling artificial intelligence, experience that aligns directly with Galaxy's expansion in data center infrastructure and its growth across digital assets. He also brings deep public-company governance experience and a long record of large-scale M&A and capital allocation to the board.

"Steve has built and scaled some of the most complex enterprises in global technology, from integrating an $11 billion carve-out at Lenovo to authoring an enterprise AI operating model," said Mike Novogratz, Founder and CEO of Galaxy. "That combination of operating range, capital discipline, and technology fluency will strengthen our board as we continue to build in digital assets and data center infrastructure."

"Steve's track record speaks for itself. He has led public companies through reinvention, managed dozens of transactions, and built lasting leadership teams along the way," said Michael Daffey, the Chair of Galaxy's Board of Directors. "His governance experience and operating discipline will strengthen how we oversee growth and manage risk as Galaxy scales."

Mr. Bandrowczak has spent more than 30 years in senior operating and technology roles across global technology, logistics, and services companies, with a career built on large-scale M&A and enterprise transformation. As Chief Information Officer at DHL, he consolidated the logistics company's global data center operations; at Lenovo, he led the technology integration of IBM's personal computer business. He currently serves as a Senior Advisor at Sol Consulting, a technology consulting firm, and served as Chief Executive Officer of Xerox Holdings Corporation from 2022 to 2026, having joined the company in 2018 as President and Chief Operating Officer. Earlier in his career, he held senior operating and technology roles at Alight Solutions, Hewlett-Packard, Avaya, Nortel, and Avnet.

Mr. Bandrowczak, who also developed an enterprise AI operating model built around autonomous agents, lectures on digital disruption and transformation at Northeastern University and previously served on the boards of Xerox and Fuji Xerox. He holds a B.S. in Computer Science from Long Island University and an M.S. in Technology Management from Columbia University.

"Galaxy is at the forefront of the two most transformative forces of our time: digital assets and data center infrastructure," said Mr. Bandrowczak. "I've spent my career helping large organizations navigate exactly that kind of change, and I'm looking forward to working with Mike and the board to support Galaxy's continued growth."

For more information on Galaxy's Board of Directors, please visit: https://t.co/tPruxvPVej.

[jcouncil @James__Council]

$GLXY GLXU Galaxy Announces the Appointment of Steven Bandrowczak to Board of Directors
July 13, 2026
PDF Version
NEW YORK, July 13, 2026 /PRNewswire/ -- Galaxy Digital Inc. (Nasdaq: GLXY) (the "Company" or "Galaxy"), a global leader in digital assets and data center infrastructure, today announced the appointment of Steven Bandrowczak, a veteran enterprise-technology and operations executive, to its Board of Directors as an Independent Director, effective immediately. Mr. Bandrowczak will also serve as a member of the Board's Audit Committee.

📷

Mr. Bandrowczak brings more than three decades of senior technology and operating leadership across global enterprises, spanning IT and data infrastructure, logistics, and enterprise services. He advises enterprise leaders on adopting and scaling artificial intelligence, experience that aligns directly with Galaxy's expansion in data center infrastructure and its growth across digital assets. He also brings deep public-company governance experience and a long record of large-scale M&A and capital allocation to the board.

"Steve has built and scaled some of the most complex enterprises in global technology, from integrating an $11 billion carve-out at Lenovo to authoring an enterprise AI operating model," said Mike Novogratz, Founder and CEO of Galaxy. "That combination of operating range, capital discipline, and technology fluency will strengthen our board as we continue to build in digital assets and data center infrastructure."

"Steve's track record speaks for itself. He has led public companies through reinvention, managed dozens of transactions, and built lasting leadership teams along the way," said Michael Daffey, the Chair of Galaxy's Board of Directors. "His governance experience and operating discipline will strengthen how we oversee growth and manage risk as Galaxy scales."

Mr. Bandrowczak has spent more than 30 years in senior operating and technology roles across global technology, logistics, and services companies, with a career built on large-scale M&A and enterprise transformation. As Chief Information Officer at DHL, he consolidated the logistics company's global data center operations; at Lenovo, he led the technology integration of IBM's personal computer business. He currently serves as a Senior Advisor at Sol Consulting, a technology consulting firm, and served as Chief Executive Officer of Xerox Holdings Corporation from 2022 to 2026, having joined the company in 2018 as President and Chief Operating Officer. Earlier in his career, he held senior operating and technology roles at Alight Solutions, Hewlett-Packard, Avaya, Nortel, and Avnet.

Mr. Bandrowczak, who also developed an enterprise AI operating model built around autonomous agents, lectures on digital disruption and transformation at Northeastern University and previously served on the boards of Xerox and Fuji Xerox. He holds a B.S. in Computer Science from Long Island University and an M.S. in Technology Management from Columbia University.

"Galaxy is at the forefront of the two most transformative forces of our time: digital assets and data center infrastructure," said Mr. Bandrowczak. "I've spent my career helping large organizations navigate exactly that kind of change, and I'm looking forward to working with Mike and the board to support Galaxy's continued growth."

For more information on Galaxy's Board of Directors, please visit: https://t.co/tPruxvQt3R.

[First Squawk @FirstSquawk]

IRGC FIRES ON COMMERCIAL VESSELS IN STRAIT OF HORMUZ; U.S. AIRCRAFT INTERCEPTS AND DESTROYS IRANIAN CRUISE MISSILE AND ATTACK DRONE - CNN CITING U.S. SOURCES

[jcouncil @James__Council]

@stefanvanderlux Too funny. Hope you like your new place

[jcouncil @James__Council]

@novogratz Maybe the royals heard Galaxy was a sponsor of Wimbledon this year and figured they couldn’t miss? LOL

[jcouncil @James__Council]

What is the “abundance” team?

[jcouncil @James__Council]

@fundstrat Thank you for all of the insightful posts? We are looking forward to your $FCRS magic

[TeraWulf @TeraWulfInc]

Encouraging to hear @MorganStanley's Stephen Byrd articulate many of the same themes our CEO Paul Prager highlighted earlier this week.

AI demand isn't the question.
The scarce resources are power, infrastructure and execution capability.

As the market matures, we believe the distinction between compute providers and infrastructure owners will become increasingly important. $WULF was built for the latter.

[Galaxy Research @glxyresearch]

Bitcoin ETF outflows are receding

[The Rollup @therollupco]

Lincoln Murr (@MurrLincoln) says tokenized compute markets solve two problems nobody has a tool for yet, speculation access and enterprise hedging:

"Can't buy OpenAI or Anthropic. Tokenized inference: direct pure speculation. Beyond that: enterprise compute cost hedging via tokenized structures."

"Farmers hedge corn via futures. Enterprises will hedge AI compute the same way. Same financial primitive. New commodity."

[The Rollup @therollupco]

"We work with Stripe, BlackRock, BNY, Apollo, Galaxy... some of the largest players in finance."

@nomos_paradox, CEO of @ChronicleLabs, on how a bootstrapped oracle got there by first solving one problem for @MakerDAO.

[jcouncil @James__Council]

📷

Like

Dislike
Uses of WTI Crude, Brent Crude, and Venezuelan Oil
WTI, Brent, and Venezuelan crude oils differ in quality and origin, which determines their refining profiles and end‑use applications.

1. WTI Crude (West Texas Intermediate)
Type: Light, sweet crude from U.S. shale fields, delivered from Cushing, Oklahoma https://t.co/EyspS6Xbjf.

Characteristics: API gravity ~39.6°, sulfur ~0.24% https://t.co/EyspS6Xbjf.
Uses:
High‑value transportation fuels — easily refined into gasoline, diesel, and jet fuel due to low density and sulfur content LinkedIn.
Industrial fuels — used in power generation and heating.
Feedstock for petrochemicals — produces plastics, synthetic materials, and chemicals.
Asphalt and road construction — lighter grades yield more asphalt when refined LinkedIn.

Market role: Benchmark for ~70% of U.S. and North American oil contracts https://t.co/EyspS6Xbjf.

2. Brent Crude

Type: Light, sweet crude from the North Sea (UK/Norway), with waterborne delivery LinkedIn+1.

Characteristics: API gravity ~38.3°, sulfur ~0.37% https://t.co/EyspS6Xbjf.

Uses:
Premium transportation fuels — high‑quality gasoline, diesel, and jet fuel.
Industrial and marine fuels — refined into bunker fuel for ships and power plants.
Petrochemical feedstock — supports plastics and chemical production.
Global infrastructure — used in asphalt and roofing materials LinkedIn.
Market role: Benchmark for ~70% of international oil contracts https://t.co/EyspS6Xbjf.
3. Venezuelan Oil (Orinoco Belt)

Type: Heavy, sour crude from Venezuela’s Orinoco Belt, high in sulfur and density https://t.co/YPvfKr1DZK.
Characteristics: Low API gravity, high sulfur content (≥0.5%) LinkedIn+1.

Uses:
Fuel oil — direct burning for power generation or heating.
Asphalt and road construction — heavy crude is a major asphalt feedstock LinkedIn.
Petrochemical feedstock — produces certain plastics and chemicals, though more costly to refine.
Refining challenges — requires heavy‑oil upgrading (e.g., coking, hydrocracking) to make lighter products; often sold at a discount to light/sweet crudes https://t.co/YPvfKr1DZK.

Market role: Benchmark for heavier Middle Eastern and Latin American crude grades; trades below Brent/WTI due to higher refining costs https://t.co/YPvfKr1DZK.

Summary Table:

Crude TypeDensitySulfur

Key Uses

WTILightSweet
Gasoline, diesel, jet fuel, petrochemicals, asphalt

BrentLightSweet
Gasoline, diesel, jet fuel, bunker fuel, petrochemicals, asphalt

VenezuelanHeavySour

Fuel oil, asphalt, petrochemicals (after upgrading)

In short, WTI and Brent are light/sweet and command premium prices for high‑value refined products, while Venezuelan oil is heavy/sour, used mainly for asphalt, fuel oil, and petrochemicals after costly upgrading

[jcouncil @James__Council]

@DCryptDeezNutz @brian_wright21 @blakerking93 @austorms @DougDeason Well done! Great post

[jcouncil @James__Council]

@MollySOShea @maxlbcook @coatuemgmt We need to get you a real microphone.

[jcouncil @James__Council]

@stefanvanderlux When did Helios buy the additional 700 acres at the Afton Tx site?

I am wondering if the new 700 acres could be part of the ERCOT August 7th batch.

Hoping for some additional surprise MWs approval.

[Mike Novogratz @novogratz]

Everyone in AI needs power. Most are waiting years to get it. Phase I of Helios, our 1.63 GW data center campus, is fully online. 133MW generating revenue, delivered on schedule. Phase II next!! $GLXY

[jcouncil @James__Council]

Source: Galaxy Digital Inc.$GLXY $GLXU https://t.co/mYCML1wj6O

[First Squawk @FirstSquawk]

S&P 500 FUTURES ADVANCE 0.4%, NASDAQ FUTURES SURGE 1.2%

[jcouncil @James__Council]

@MollySOShea @RaiseSummit What software companies’ products will become obsolete with Ai?

Who are the winners and losers of Ai from an investment perspective?

[CNBC @CNBC]

Top Wall Street analysts prefer these dividend stocks for boosting portfolio returns https://t.co/doIAXrNZDx