Welcome to our dedicated page for Galaxy Digital news (Ticker: GLXY), a resource for investors and traders seeking the latest updates and insights on Galaxy Digital stock.
Galaxy Digital Inc. develops digital asset businesses and data center infrastructure for institutional finance, individual-investor crypto access, and AI and high-performance computing workloads. Company news commonly covers trading, advisory, asset management, staking, self-custody, tokenization technology, and GalaxyOne product updates, including staking and onchain cash-management initiatives.
Recurring updates also include the Helios data center campus in Texas, power-capacity approvals, lease and operations milestones, quarterly financial results, share repurchases, capital-market infrastructure partnerships, and listing matters. Galaxy’s Class A common stock trades on Nasdaq under the symbol GLXY after the company completed its voluntary delisting from the Toronto Stock Exchange.
Galaxy Digital (GLXY) reported that five Texas data center projects have received conditional ERCOT Batch Zero large load classifications, covering about 4.2 GW of gross power capacity.
Helios I (800 MW) and Helios II (830 MW) at the Helios campus are classified as Batch Zero Base Load, with this capacity approved in January 2026 as part of more than 1.6 GW already cleared at Helios. Helios II remains on schedule to energize in 2028, and leasing is described as unaffected by the process.
Caspian (700 MW), Selene (900 MW), and Helios III (1,000 MW) are conditionally classified as Batch Zero Studied Load, meaning they are subject to capacity allocation in ERCOT’s ongoing system-wide study and audit. Galaxy’s data center development pipeline now exceeds 5.7 GW of potential power capacity across four Texas sites, including a second 1,000 MW Helios request and the 500 MW Merlin campus in McGregor.
Galaxy Digital (Nasdaq: GLXY) announced a partnership with Bank Leumi, Israel's largest bank, under which Leumi will become the first bank in Israel to offer digital asset trading to its customers.
Leumi and PEPPER users will be able to buy, hold and sell selected digital assets, including Bitcoin, Ether and Solana, within the Leumi Trade capital markets app, in a dedicated secured section. The service is expected to be available in early 2027. Bank Leumi will use GalaxyOne Institutional for trading and related services and has also signed an agreement to use Galaxy's Custody Infrastructure platform, formerly known as GK8, to support its digital asset infrastructure.
Sharplink (Nasdaq: SBET) and Galaxy Digital (Nasdaq: GLXY) jointly launched the Galaxy Sharplink Onchain Yield Fund, LP, an institutional vehicle focused on decentralized finance and onchain yield strategies. The Fund is managed by Galaxy and begins with $125 million in committed capital.
According to the companies, the capital includes $100 million backed by Sharplink’s staked ETH treasury and $25 million from Galaxy. Sharplink frames the Fund as an expansion of its ETH treasury management strategy, while Galaxy adds what it calls its first institutional-scale onchain yield strategy to its asset management platform.
Digital Prime Technologies announced a strategic investment from Marex Group (Nasdaq: MRX)/b), building on Marex’s role as a strategic participant on , a global institutional-grade digital and tokenized asset lending marketplace developed with EquiLend. Marex, Digital Prime, Galaxy Digital (Nasdaq: GLXY) and EquiLend are collaborating to create institutional infrastructure that lets traditional financial institutions engage in digital asset lending using familiar securities lending-style workflows, controls and risk frameworks.
According to Digital Prime, the new capital will be used to accelerate Tokenet’s product development, expand institutional connectivity and enhance capabilities for the global digital and tokenized asset lending market.
Galaxy Digital (Nasdaq: GLXY) reported a Q2 2026 net loss of $(85) million and diluted and adjusted EPS of $(0.09), mainly due to digital asset price depreciation. Adjusted gross profit was $43 million and adjusted EBITDA was $(77) million. Total assets reached $10.8 billion, total equity $2.7 billion, and cash and stablecoins $2.5 billion as of June 30, 2026.
Digital Assets and Data Centers generated a combined $86 million of adjusted gross profit and $1 million of adjusted EBITDA. Data Centers posted $20 million adjusted gross profit and $11 million adjusted EBITDA in its first revenue-generating quarter, supported by delivery of 133 MW of critical IT load to CoreWeave at the Helios campus. Galaxy completed a private offering of $3.5 billion of senior secured notes due 2031 to fund Helios Phase II, expanded its Texas data center pipeline to over 5.7 GW, and signed a multi-year digital asset infrastructure agreement with BNY. Asset Management & Infrastructure Solutions reported $17 million adjusted gross profit and ended Q2 with $7.1 billion in combined AUM and assets under stake.
Galaxy Digital (Nasdaq: GLXY) announced a strategic collaboration with BNY (NYSE: BNY) on August 4, 2026 to enhance digital asset infrastructure for institutional markets. The relationship integrates BNY's Digital Asset Custody platform with Galaxy's proof-of-stake expertise to support staking within a single institutional servicing model, subject to regulatory review.
Galaxy will also act as a design partner to help advance BNY's digital asset platform infrastructure. Eligible institutional clients can access staking alongside custody, fund accounting, tax reporting, payments and client reporting, aiming to streamline participation in digital asset markets while maintaining BNY's governance and operational safeguards.
Galaxy (Nasdaq: GLXY) has acquired approximately 500 acres in McGregor, McLennan County, Texas under a development agreement with the City of McGregor to build an artificial intelligence and high-performance computing data center campus in the McGregor Industrial Park. The purchase generated about $7.5 million in land-sale revenue for the City.
The privately funded project will be developed with the McGregor Economic Development Corporation and Heart of Texas Electric Cooperative. An initial phase is expected to reach 74 MW and begin receiving power in 2028, with potential growth to a multi-hundred-megawatt campus through 2030. According to Galaxy, it will fund and build a private substation, fully secure utility-required infrastructure upgrades, add an estimated minimum of $130 million to the local property tax base, use water-efficient closed-loop cooling, and support several hundred construction jobs plus permanent operations roles. The campus is Galaxy’s second major Texas data center, complementing its 1.6-GW Helios site in Dickens County.
Galaxy Digital (NASDAQ: GLXY) announced that indirect subsidiary Galaxy Helios Data Centers II LLC has priced a $3.507 billion private offering of 9.875% senior secured notes due 2031. Closing is expected on July 28, 2026, subject to market and other conditions.
According to Galaxy, net proceeds are intended to fund part of a Dickens County, Texas data center project comprising two buildings with eight data halls, totaling 400 MW of utility capacity and 260 MW of critical IT capacity, and to fund debt service reserves.
A group of leading financial institutions and Bitcoin companies has launched the Bitcoin Security Consortium, backed by an aggregate $15 million in independently directed member pledges over the next three years to support long-term security and resilience of the Bitcoin network.
Founding members include Anchorage Digital, ARK Invest, BlackRock, Block (NYSE: XYZ), Blockstream, Coinbase (NASDAQ: COIN), Fidelity Digital Assets, Galaxy Digital (Nasdaq: GLXY), and Strategy (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE). The consortium will fund developers and researchers working on Bitcoin security, including post-quantum cryptography, and act as a reliable information source for investors, the public, and media, while not directing Bitcoin protocol development.
Galaxy Digital (Nasdaq: GLXY) will release its second quarter 2026 financial results before the Nasdaq market opens on Wednesday, August 5, 2026. CEO Michael Novogratz and management will host an investor conference call at 8:30 AM ET, with live and replay webcasts via Galaxy's investor website and YouTube channel.