Galaxy Digital receives $460 million strategic investment from an asset management company

Foresight News: Galaxy Digital has announced that it has reached an investment agreement with an asset management company for a $460 million private strategic investment in Galaxy's Class A common stock. This includes the purchase of 9,027,778 shares from Galaxy at $36 per share, and the purchase of 3,750,000 shares from certain Galaxy executives, including its founder and CEO. Galaxy intends to use the proceeds from the investment for general corporate purposes and to power the construction of its Helios data center campus, which, according to the phase one lease agreement, is scheduled to deliver 133 megawatts of critical IT load in the first half of 2026 as planned.

The investment is expected to close around October 17, 2025, subject to customary closing conditions, including approval from the Toronto Stock Exchange.