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 (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.
Galaxy Digital (Nasdaq: GLXY) announced a 15-year naming rights partnership with Texas Tech to rename the home of Red Raider Football as Galaxy Stadium beginning with the 2026 season. The Red Raiders will debut the new name on September 5 against Abilene Christian.
According to Galaxy, the agreement combines naming rights with Name, Image and Likeness (NIL) activations, high-impact branding, enhanced fan engagement and community initiatives across West Texas. Galaxy will become the official data center and digital assets partner of Texas Tech Athletics, with branding across football and men’s and women’s basketball.
Galaxy (Nasdaq: GLXY) launched Galaxy Curator, an institutional vault curation offering built on Morpho and natively accessible through Fireblocks Earn. This connects more than 2,400 institutional Fireblocks clients to curated onchain stablecoin yield strategies within their existing security, workflow, and policy infrastructure.
According to Galaxy, Curator applies the firm’s institutional risk framework, drawing on an average loan book of $1.4 billion, over $3 billion in staked assets across five custodians, and a distribution network of over 1,600 institutional counterparties. The product launches with two configurations: Quality Vaults, focused on capital preservation using blue‑chip collateral, and Enhanced Vaults, which allocate to higher‑yielding collateral types such as liquid restaking tokens, Pendle principal tokens, and Ethena products.
Grove and Galaxy Digital (TSX: GLXY) announced a $500 million warehouse lending facility in which Grove acts as warehouse lender, providing USDS capital to finance Galaxy’s origination of institutional loans secured by BTC and ETH, including natively staked and liquid-staked ETH.
The loans are senior secured, fully funded, dollar or approved stablecoin-denominated, with original terms of two years or less and interest paid at least monthly. Eligible collateral is custodied at Anchorage Digital and BitGo. Concentration limits cap ETH-backed loans at 50% of the facility and staked ETH at 50% of that ETH share, with loan-to-value monitored continuously using Chronicle price feeds. The facility expands an existing relationship that began with Grove’s $50 million participation in Galaxy’s first tokenized CLO in December 2025.
Galaxy Digital (Nasdaq: GLXY) appointed veteran enterprise-technology and operations executive Steven Bandrowczak to its Board of Directors as an Independent Director, effective immediately. He will also join the Board’s Audit Committee.
Bandrowczak brings more than 30 years of leadership across IT, data infrastructure, logistics, and enterprise services, with extensive public-company governance, large-scale M&A, and capital allocation experience. His background in artificial intelligence, including developing an enterprise AI operating model built around autonomous agents, aligns with Galaxy’s focus on digital assets and data center infrastructure. He previously served as CEO of Xerox Holdings Corporation, CIO of DHL, and held senior roles at Lenovo, Hewlett-Packard, Avaya, Nortel, Avnet, and Alight Solutions.
Galaxy (Nasdaq: GLXY) completed Phase I of its Helios data center campus in West Texas, delivering 200 MW of gross power and 133 MW of critical IT load to CoreWeave under a 15-year lease.
CoreWeave has committed to 526 MW of critical IT load across Phases I–III, the full 800 MW of gross power approved and contracted at Helios. These leases, which include two five-year extension options, are expected to generate more than $1 billion in average annual revenue. Helios has now transitioned to revenue-generating, AI-ready operations, while greenfield development of the 260 MW Phase II build is underway, with initial data hall deliveries targeted for the first half of 2027.