NasdaqGS:GLXYCapital Markets
Galaxy Digital Buyback And AI Pivot Contrast With Recent Share Weakness
Galaxy Digital (NasdaqGS:GLXY) has launched a $200 million share repurchase program.
The company is expanding into AI data infrastructure, centered on its Helios facility in Texas.
These moves come after a period of earnings challenges and recent share price volatility.
Galaxy Digital, trading at about $19.76, has had a mixed run, with the stock up 5.2% over the past year but showing a 30.1% decline over the past week and a 22.5% decline over the past month. Against that backdrop, a $200...