Galaxy Digital @galaxyhq NASDAQ/TSX: GLXY
Receive a $460 Million Investment from an Asset Management Firm
This is a strategic equity investment, not debt or a loan, aimed at fueling Galaxy's aggressive expansion in AI data centers via its Helios campus in West Texas. The news broke mid-afternoon ET.
The Deal Details: A leading (unnamed) global asset management firm invested $460 million in newly issued Class A common shares at $36 per share, equating to 9,027,778 shares. This is a private placement closing on or about October 15, 2025, subject to approvals. The investor gets no special rights beyond standard shareholder perks, and Galaxy retains flexibility for future raises.
Proceeds (~$460M gross) will fund the Helios data center buildout, adding to Galaxy's recent $1.4B credit facility from Deutsche Bank (September 2025) and a $250M debt raise via its GalaxyOne platform (October 6, 2025).
Thought about taking profits…
But then I saw people buying $COIN and $ETH for crypto exposure instead of $GLXY
And then, believe it or not…
I saw people buying $IREN instead of $GLXY for AI/HPC exposure
And it reminded me how early we are
All eyes on $GLXY
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My keynote from yesterday’s H.C. Wainwright & Co. Global Investment Conference, where I discussed Digital Capital $BTC, Digital Equity $MSTR, Digital Credit $STRK, $STRD, $STRF, $STRC and the Digital Transformation of Capital Markets.
Bear market while reds decline.
Bull market ramp when bars green.
Goes parabolic when bars go red.
Red profile mirrors parabola profile.
Impulse tops at blue peaks.
USD tops at red peaks.
We’re still green.
The global business cycle has dictated every aspect of Bitcoin’s.