Canlı Haberler • Jun 11
Galaxy Digital Teams With Morgan Stanley as AI Data Center Leases and DeFi Growth Fuel Momentum Morgan Stanley Wealth Management is working with Galaxy Digital to let eligible clients lend their crypto and receive shares in spot crypto ETFs, with Galaxy lowering lending minimums for referred high-net-worth clients.
Galaxy plans to co-launch and manage the US$125 million Galaxy Sharplink Onchain Yield Fund, targeting institutional investors seeking blockchain-based yield products.
The company’s stock recently surged over 22% after announcing plans for the 1.6-gigawatt Helios data center in West Texas and a shift in focus from Bitcoin mining toward AI infrastructure. Insider sales of US$14.4 million and ongoing losses highlight execution and profitability risks.
Galaxy is also a user of Morpho’s blockchain-based credit network, which now has over US$11 billion in deposits after a US$175 million funding round. It has also cut its estimated odds of the crypto-focused CLARITY Act passing in 2026 from 75% to 60%.
Taken together, Galaxy is leaning into institutional partnerships, AI-focused infrastructure and DeFi credit markets, while regulatory timing around CLARITY remains uncertain.
If you are following the stock, the key questions are whether Helios leases up as planned, how quickly the new yield and ETF-related products gain traction, and how regulatory outcomes affect the economics of these crypto-focused businesses. Canlı Haberler • Jun 04
Galaxy Digital Expands With High-Yield Cash Note and $10 Million OTC Prediction Markets Launch GalaxyOne, Galaxy Digital’s retail app, is offering accredited investors an 8% yield on cash via an investment note that draws primarily on returns from the firm’s institutional lending desk, which lends to borrowers typically posting Bitcoin as collateral.
GalaxyOne also provides a 3.50% APY checking account, commission-free stock and crypto trading, and Solana staking with rewards of up to 6.50%, targeting users who want both yield and trading access in a single platform.
Galaxy Digital has launched an institutional OTC prediction markets desk through its Global Markets division, giving hedge funds and family offices access to large, private event-driven contracts, and has already executed a US$10 million trade with Arca tied to outcomes related to the proposed CLARITY Act.
Taken together, these moves show Galaxy Digital leaning further into higher-yield crypto lending and niche trading products aimed at both accredited retail and institutional clients, which may broaden its fee and interest income sources.
Investors should keep in mind that the 8% yield relies on the health and risk profile of Galaxy’s lending activities, and that prediction markets remain subject to evolving regulatory treatment, which can affect product availability and client demand. Duyuru • Jun 04
Galaxy Digital Inc. Launches Institutional OTC Prediction Markets Trading Galaxy Digital Inc. announced the launch of institutional OTC prediction markets trading through its Global Markets trading desk. With this offering, Galaxy can now enable hedge funds, family offices, and other institutional clients to access prediction market liquidity at sizes and with a level of discretion not available through retail interfaces. The offering covers instruments referencing non-sports event contracts traded on Kalshi and Polymarket -- spanning economic, political, geopolitical, and other event-driven markets -- with plans to expand to additional platforms. Galaxy can also pair prediction market positions with hedges in equities, commodities, and other assets, giving clients the ability to build complete risk strategies around a single event rather than managing exposure in silos. Galaxy has already put the offering to work, executing a $10 million trade with Arca, a crypto-native hedge fund, on the outcomes associated with the passage of the CLARITY ACT. Galaxy's OTC desk facilitated Arca's trade, enabling them to take a precise position tied directly to the outcome, accessing institutional-scale liquidity and executing the trade efficiently on a bilateral basis. Galaxy's participation as a principal counterparty has a broader effect on these markets. As institutional capital flows into prediction markets through facilitators like Galaxy, Galaxy believes the prices on these platforms should become more reflective of professional analysis -- and more useful as signals for investors, policymakers, and corporates watching the same outcomes. Galaxy conducts this activity solely with institutional counterparties and evaluates offerings on a jurisdiction-by-jurisdiction basis in light of applicable legal and regulatory considerations. Recent Insider Transactions Derivative • May 26
Chairman of the Board & Senior Advisor exercised options and sold US$3.1m worth of stock On the 22nd of May, Michael Daffey exercised 250k options at a strike price of around US$16.54 and sold these shares for an average price of US$28.88 per share. This trade did not impact their existing holding. Since June 2025, Michael's direct individual holding has increased from 1.50m shares to 1.51m. Company insiders have collectively sold US$37m more than they bought, via options and on-market transactions in the last 12 months. Duyuru • May 20
GalaxyOne Prime NY Receives BitLicense and Money Transmission License from New York State Department of Financial Services Galaxy Digital Inc. announced that the New York State Department of Financial Services (NYDFS) granted GalaxyOne Prime NY, the Galaxy entity that will serve New York clients, a BitLicense and Money Transmission License, authorizing the Company to offer regulated digital asset services to institutions across the state. New York joins Galaxy's regulatory footprint of more than 50 global licenses. Institutions in the state -- including registered investment advisors, hedge funds, and family offices -- can now access Galaxy's full suite of trading and custody services, backed by a digital asset business managing $9 billion in client assets. New Risk • May 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Duyuru • May 09
Galaxy Digital Inc. has filed a Follow-on Equity Offering in the amount of $500 million. Galaxy Digital Inc. has filed a Follow-on Equity Offering in the amount of $500 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • Apr 30
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: US$1.12 loss per share (further deteriorated from US$0.35 loss in 1Q 2025). Revenue: US$10.2b (down 6.8% from 1Q 2025). Net loss: US$216.3m (loss widened 353% from 1Q 2025). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Capital Markets industry in the US. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 97% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 16
Galaxy Digital Inc. to Report Q1, 2026 Results on Apr 28, 2026 Galaxy Digital Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 28, 2026 Duyuru • Apr 10
Galaxy Digital Inc., Annual General Meeting, May 28, 2026 Galaxy Digital Inc., Annual General Meeting, May 28, 2026. Major Estimate Revision • Apr 10
Consensus EPS estimates fall by 26% The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -US$0.294 to -US$0.37 per share. Revenue forecast unchanged at US$47.9b. Capital Markets industry in the US expected to see average net income growth of 15% next year. Consensus price target down from US$42.08 to US$40.33. Share price rose 20% to US$21.15 over the past week. Duyuru • Apr 01
Galaxy Digital Inc. Launches Solana Staking on GalaxyOne Platform Galaxy Digital Inc. announced that GalaxyOne, a financial technology platform from Galaxy built for U.S. individual investors to manage high-yield cash products, equities, and crypto in a unified experience, has launched Solana ("SOL") staking for eligible clients. The new feature allows clients to earn up to an estimated 6.50% in variable rewards on crypto through staking, with no platform commission through December 31, 2026, allowing users to retain more network-generated rewards. The launch marks an expansion of GalaxyOne's digital asset capabilities, allowing clients participate in blockchain network validation while earning rewards directly within their broader financial portfolio. GalaxyOne Staking is powered by Galaxy's institutional validator infrastructure, which has been one of the largest Solana validator operations globally for several years. Unlike platforms that rely on third-party validators, every staked SOL on GalaxyOne is delegated to Galaxy's validator built to meet institutional standards for reliability, security, and performance — with Galaxy managing the full validator stack. Clients can get started by transferring SOL from an external wallet or purchasing SOL directly on the platform with GalaxyOne Crypto, which offers real-time execution and transparent pricing with no transaction spreads. Once successfully staked, rewards will start to accrue and compound automatically, and are tracked in real time alongside staked balances and full transaction history within a single interface, with integrated tax reporting and access to a dedicated U.S.-based client service team available to connect via in-app, email and by phone. GalaxyOne Staking is available to eligible clients in more than 40 U.S. states and jurisdictions. Existing clients can access staking directly within their GalaxyOne account, or open a new account at galaxy.app. GalaxyOne Staking is not available for clients in CA, LA, MD, NJ, NV, NY, PA, TN, WA, or WI. Availability is subject to change. Eligibility determined at the account level. Reward rate is estimated and not guaranteed. Rewards are variable and may increase or decrease. Actual returns depend on network conditions. Past performance is not indicative of future results. Crypto is not FDIC insured, not SIPC protected, and may lose value. 0% platform commission through December 31, 2026. Platform commission is defined as the fee GalaxyOne charges to access staking on GalaxyOne and applies to Inflation and eligible MEV rewards earned while assets remain actively staked. Validators may retain transaction fees and certain protocol-level rewards associated with block production. Residual MEV rewards that are distributed after your assets are unstaked will not be credited to your account. Network transaction fees for sending and receiving SOL still apply. Staking involves risks, including validator downtime, slash, loss of rewards, and Galaxy cannot guarantee validator performance. Other fees apply. Duyuru • Mar 25
Soter Insure Issues Ethereum-Denominated Slashing Insurance Policy Soter Insure announced the launch of the world's first Ethereum-denominated slashing insurance product. Developed in collaboration with Galaxy Digital, this innovative policy provides a critical safety net for Ethereum validators and institutional stakers. As Ethereum staking becomes a cornerstone of institutional portfolios, 'slashing', or the penalization of a validator for protocol violations, remains a primary technical and operational risk. This penalty is denominated in ETH, while traditionally, insurance for such events was capped in fiat (USD), leaving institutions exposed if the price of ETH surged during the policy period. Soter's new product solves this by denominating both premiums and claims in ETH, ensuring that the protection scales perfectly with the value of the staked assets. The policy provides comprehensive coverage for ETH stakers, covering financial losses from both isolated and network-wide slashing events, settled entirely in native ETH. By settling claims directly in ETH, Soter removes the 'currency risk' associated with currency mismatch. This new slashing product complements Soter's existing suite of BTC-denominated crime policies and traditional fiat-denominated financial lines coverage. By addressing the specific nuances of Proof-of-Stake (PoS) mechanics, Soter is providing the necessary infrastructure for the next wave of institutional ETH adoption. The successful rollout of this product demonstrates that the insurance industry is no longer playing catch-up; it is now building bespoke solutions that enhance the robustness of the entire digital asset ecosystem. The launch of Soter's ETH-denominated slashing product arrives at a critical juncture as major asset managers look to evolve their spot ETH offerings into Staked ETH ETFs. By providing indemnity exclusively in ETH, Soter ensures that any insured slashing penalties are replaced in kind. This native settlement removes the basis risk inherent in fiat-denominated policies, where price fluctuations could prevent a full recovery of the insured principal. Duyuru • Feb 09
Galaxy Digital Inc. (NasdaqGS:GLXY) announces an Equity Buyback for 5% of its issued share capital, for $200 million. Galaxy Digital Inc. (NasdaqGS:GLXY) announces a share repurchase program. Under the program, the company will repurchase $200 million worth of its Class A common stock, representing 5% of its issued share capital. The share repurchase program will have a term of 12 months. Recent Insider Transactions • Feb 07
Independent Director recently bought US$520k worth of stock On the 4th of February, Douglas Deason bought around 25k shares on-market at roughly US$20.80 per share. This transaction amounted to 74% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$732k. Despite this recent purchase, insiders have collectively sold US$1.4m more in shares than they bought in the last 12 months. Price Target Changed • Feb 04
Price target decreased by 9.7% to US$43.18 Down from US$47.82, the current price target is an average from 11 analysts. New target price is 114% above last closing price of US$20.16. Stock is up 4.2% over the past year. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$26.44, the stock trades at a trailing P/E ratio of 42.7x. Average forward P/E is 16x in the Capital Markets industry in the US. Total returns to shareholders of 549% over the past three years. New Risk • Feb 01
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 10% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Major Estimate Revision • Jan 28
Consensus EPS estimates fall from profit to US$0.12 loss The consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -US$0.12 instead of US$0.079 per share profit previously forecast. Revenue forecast unchanged at US$65.2b Capital Markets industry in the US expected to see average net income growth of 17% next year. Consensus price target of US$47.82 unchanged from last update. Share price was steady at US$31.90 over the past week. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to US$34.31, the stock trades at a forward P/E ratio of 2760x. Average forward P/E is 17x in the Capital Markets industry in the US. Total returns to shareholders of 727% over the past three years. New Risk • Jan 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Major Estimate Revision • Jan 15
Consensus EPS estimates fall by 22% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from US$0.756 to US$0.591 per share. Revenue forecast steady at US$64.7b. Net income forecast to shrink 35% next year vs 15% growth forecast for Capital Markets industry in the US . Consensus price target of US$47.64 unchanged from last update. Share price rose 25% to US$31.99 over the past week. Duyuru • Jan 15
Galaxy Digital Inc. to Report Q4, 2025 Results on Feb 03, 2026 Galaxy Digital Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 03, 2026 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$26.30, the stock trades at a forward P/E ratio of 193x. Average forward P/E is 17x in the Capital Markets industry in the US. Total returns to shareholders of 598% over the past three years. Duyuru • Dec 15
Invesco Ltd. and Galaxy Asset Management Announces the Launch of the Invesco Galaxy Solana Etp Invesco Ltd. in partnership with Galaxy Asset Management announced the launch of the Invesco Galaxy Solana ETP (QSOL). QSOL offers investors direct exposure to Solana (SOL) within a regulated ETP structure by tracking its spot price-measured by the Lukka Prime Solana Reference Rate. Solana's high-performance architecture and low-cost transaction model make it a foundational layer in the evolving digital assets ecosystem. Its scalability and developer-friendly environment have positioned it as a key enabler of Web3 innovation-powering use cases from distributed data networks to AI-integrated applications and beyond. For Invesco and Galaxy, Solana represents a strategic opportunity to broaden access to next-generation blockchain infrastructure through investment vehicles-aligning with both firms' commitment to democratizing digital asset exposure and supporting the future of decentralized technologies. QSOL expands Invesco's existing digital assets ETP suite, together with the Invesco Galaxy Bitcoin ETP (BTCO), and the Invesco Galaxy Ethereum ETP (QETH). These three ETPs are supported by the collective experience of Invesco and Galaxy and designed to meet the evolving needs of digital asset investors. The collaborative mind, breadth of solutions and global scale mean company's well positioned to help retail and institutional investors rethink challenges and find new possibilities for success. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$29.45, the stock trades at a forward P/E ratio of 236x. Average forward P/E is 16x in the Capital Markets industry in the US. Total returns to shareholders of 892% over the past three years. Duyuru • Dec 05
Galaxy Digital Inc. (NasdaqGS:GLXY) acquired Alluvial Finance Inc. Galaxy Digital Inc. (NasdaqGS:GLXY) acquired Alluvial Finance Inc. on December 4, 2025.
Galaxy Digital Inc. (NasdaqGS:GLXY) completed the acquisition of Alluvial Finance Inc. on December 4, 2025. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$25.57, the stock trades at a forward P/E ratio of 205x. Average forward P/E is 15x in the Capital Markets industry in the US. Total returns to shareholders of 713% over the past three years. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$31.17, the stock trades at a forward P/E ratio of 209x. Average forward P/E is 15x in the Capital Markets industry in the US. Total returns to shareholders of 801% over the past three years. New Risk • Oct 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.0% operating cash flow to total debt). Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). Significant insider selling over the past 3 months (US$28m sold). New Risk • Oct 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.0% operating cash flow to total debt). Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Significant insider selling over the past 3 months (US$28m sold). Duyuru • Oct 06
Galaxy Digital Inc. Launches Galaxyone, Bringing Institutional-Quality Financial Offerings to Individual Investors Galaxy Digital Inc. launched GalaxyOne, a financial technology platform offering U.S.-based individual investors to access high yields on fiat cash, alongside crypto and equities trading in a single digital experience. Accredited investors1 can access 8.00% Annual Percentage Yield (APY) through Galaxy Premium Yield2, while all investors can earn 4.00% APY3 on cash deposits and the ability to auto-reinvest earned interest into bitcoin or other supported crypto - all backed by Galaxy's financial expertise, rigorous risk management, and white-glove client service. GalaxyOne, which is available on mobile (iOS and Android) and online in the U.S., launches with four core products: Galaxy Premium Yield2: Earn 8.00% APY through an investment note issued by Galaxy Digital LP, a subsidiary of Galaxy Digital Inc. and available exclusively to U.S. accredited investors on GalaxyOne. Yield is generated by Galaxy's institutional lending business, active since 2018. Each investment requires a $25,000 minimum and is capped at $1 million per investor with an initial $250 million total investment cap. Interest accrues daily and is paid monthly into the GalaxyOne Cash account. Banking services are provided by Cross River Bank, member FDIC. GalaxyOne Crypto: Buy, trade, hold and transfer major blue-chip digital assets, including bitcoin (BTC), ethereum (ETH), and solana (SOL). Transparent pricing, recurring purchases and real-time execution are available on the platform. GalaxyOne Brokerage: Access commission-free trading of more than 2,000 U.S stocks and ETFs in individual brokerage accounts. Retirement accounts (traditional and Roth IRAs) are also available. GalaxyOne is designed for individual investors who want the best of both traditional and digital markets. Its core offerings include competitive yield on cash deposits for U.S.-based individual investor and 8.00% yield through Galaxy Premium Yield for U.S. accredited investors, as well as seamless access to crypto and equities trading and the ability to reinvest earned interest into bitcoin or other support crypto, all in one precision-built platform. GalaxyOne, backed by Galaxy Digital Inc, benefits from the firm's proven financial expertise, risk management and white-glove client services. Additional information about GalaxyOne is available at galaxy.app. Recent Insider Transactions • Sep 16
Independent Director recently sold US$994k worth of stock On the 12th of September, Rhonda Medina sold around 33k shares on-market at roughly US$29.83 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions Derivative • Sep 05
Independent Director exercised options and sold US$1.4m worth of stock On the 3rd of September, Rhonda Medina exercised 150.00k options at around US$4.05, then sold 68k of the shares acquired at an average of US$24.50 per share and kept the remainder. Since June 2025, Rhonda has not owned shares directly. Company insiders have collectively sold US$24m more than they bought, via options and on-market transactions in the last 12 months. Duyuru • Aug 12
Galaxy Digital Inc. Announces Chief Legal Officer Changes Galaxy Digital Inc. announced that Matt Friedrich will be joining as Chief Legal Officer, effective September 8, 2025. Mr. Friedrich will be responsible for Galaxy's global legal and compliance matters, including regulatory engagement, corporate governance, litigation and public policy. He will report directly to CEO and Founder Mike Novogratz and act as a key member of Galaxy's senior leadership team. Prior to joining Galaxy, Mr. Friedrich served in various senior in-house legal roles, including at Cognizant Technology Solutions, where he served as Executive Vice President and General Counsel, overseeing global legal, compliance, and government affairs functions, and at Chevron, where he served as Chief Corporate Counsel. Mr. Friedrich was also a law firm partner at Freshfields Bruckhaus Deringer and Boies, Schiller & Flexner, representing multi-national companies in cross-border investigations, litigation, and compliance matters. Earlier in his career, Mr. Friedrich was a federal prosecutor, spending 13 years at the U.S. Department of Justice and concluding his public service as the Acting Assistant Attorney General of the Criminal Division. Mr. Friedrich succeeds Andrew Siegel, who has served as Galaxy's General Counsel since 2017. During that time, Mr. Siegel built and led a world-class legal and compliance team while navigating an evolving regulatory landscape and playing a key role in Galaxy's listing on Nasdaq earlier this year. New Risk • Aug 07
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 2.3% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (2.3% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Major Estimate Revision • Aug 06
Consensus revenue estimates decrease by 15% The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$58.8b to US$49.8b. EPS estimate unchanged from -US$0.17 per share at last update. Capital Markets industry in the US expected to see average net income growth of 17% next year. Consensus price target up from US$33.50 to US$35.25. Share price fell 5.4% to US$27.34 over the past week. Duyuru • Jul 30
Galaxy Digital Inc. Announces the Appointment of Doug Deason to Board of Directors Galaxy Digital Inc. announced the appointment of Doug Deason, president of Deason Capital Services, to its Board of Directors as an independent director, effective immediately. Mr. Deason will also join the firm's Nominating and Corporate Governance Committee. A seasoned entrepreneur, investor, and civic leader, Mr. Deason brings decades of experience across financial services, real estate, and public markets. Since 2011, Mr. Deason has led investment firm Deason Capital Services. He previously served as CEO of Precept Builders, a nationwide commercial builder, and Precept Business Services, a Nasdaq-listed firm, and he co-managed Evergreen Realty Partners, a Dallas-based multifamily development firm. In addition to his corporate leadership, Mr. Deason currently serves on the boards of Great American Media (Chairman), Ryan, LLC, and Park Cities Financial Group, the parent company of Dallas Capital Bank. He also holds numerous civic and advisory roles, including with MD Anderson Cancer Center, the Texas Public Policy Foundation, and the Executive Board of the Bobby Lyle School of Engineering at Southern Methodist University (SMU). He is Chairman of the Advisory Boards for both the Deason Institute for Cybersecurity at SMU's Lyle School of Engineering, and the Deason Center for Criminal Justice Reform at SMU's Dedman School of Law. Mr. Deason holds a degree in data processing quantitative analysis (computer science) from the University of Arkansas. Major Estimate Revision • Jul 30
Consensus revenue estimates increase by 5,782%, EPS downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$790.1m to US$46.5b. EPS estimate fell from -US$0.53 to -US$0.558 per share. Capital Markets industry in the US expected to see average net income growth of 15% next year. Consensus price target up from US$30.13 to US$33.50. Share price fell 8.1% to US$26.76 over the past week. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to US$24.35, the stock trades at a trailing P/E ratio of 51x. Average forward P/E is 17x in the Capital Markets industry in the US. Total returns to shareholders of 319% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$13.83 per share. Duyuru • Jul 16
Galaxy Digital Inc. to Report Q2, 2025 Results on Aug 05, 2025 Galaxy Digital Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 05, 2025 Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$21.90, the stock trades at a trailing P/E ratio of 45.9x. Average forward P/E is 16x in the Capital Markets industry in the US. Total returns to shareholders of 469% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$14.06 per share. Duyuru • Jun 23
Galaxy Digital Inc.(TSX:GLXY) dropped from S&P Global BMI Index Galaxy Digital Inc.(TSX:GLXY) dropped from S&P Global BMI Index Recent Insider Transactions Derivative • Jun 04
President & Chief Investment Officer exercised options and sold US$23m worth of stock On the 29th of May, Christopher Ferraro exercised options to acquire 1m shares at no cost and sold these for an average price of US$18.10 per share. This trade did not impact their existing holding. Since June 2024, Christopher's direct individual holding has increased from 799.06k shares to 1.17m. This was the only transaction from an insider over the last 12 months. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to US$18.15, the stock trades at a trailing P/E ratio of 30.1x. Average forward P/E is 15x in the Capital Markets industry in the US. Total returns to shareholders of 223% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$12.17 per share. Duyuru • May 31
Galaxy Digital Inc. has completed a Follow-on Equity Offering in the amount of $600.4 million. Galaxy Digital Inc. has completed a Follow-on Equity Offering in the amount of $600.4 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 31,600,000
Price\Range: $19
Discount Per Security: $0.9025 Duyuru • May 30
Galaxy Digital Inc. has completed a Follow-on Equity Offering in the amount of $600.4 million. Galaxy Digital Inc. has completed a Follow-on Equity Offering in the amount of $600.4 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 31,600,000
Price\Range: $19 Duyuru • May 28
Galaxy Digital Inc. has filed a Follow-on Equity Offering. Galaxy Digital Inc. has filed a Follow-on Equity Offering.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 29,000,000 Board Change • May 19
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Jane Dietze was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 