Galaxy Digital Stock Price, News & Analysis

DDC Enterprise (NYSE:DDC) has announced a strategic collaboration with Galaxy Digital (Nasdaq/TSX:GLXY) to enhance its Bitcoin treasury management capabilities. The partnership will provide DDC with access to Galaxy's institutional trading platform and services, focusing on advanced trading integration, institutional-grade security, and robust treasury infrastructure.

Through this collaboration, DDC will leverage Galaxy's deep liquidity pools, sophisticated execution strategies, and multi-custodial model to manage its growing digital asset reserves. The partnership emphasizes security, regulatory compliance, and operational controls while enabling DDC to optimize its digital asset operations with increased efficiency and transparency.

Galaxy Digital (NASDAQ: GLXY) reported Q2 2025 financial results with net income of $30.7 million ($0.08 per diluted share) and Adjusted EBITDA of $211 million. The company's total equity reached $2.6 billion with $1.2 billion in cash and stablecoins.

Key highlights include Galaxy's successful Nasdaq listing under GLXY, record performance in Digital Assets operations, and CoreWeave's exercise of an additional 133MW capacity option at the Helios data center, bringing total committed power to 800MW. The company's Global Markets segment saw a 28% QoQ increase in adjusted gross profit to $55.4 million, while Assets under Management grew to $9 billion, up 27% QoQ.

Post-quarter, Galaxy completed a major transaction of over 80,000 bitcoin for a client and entered an agreement to acquire 160 acres of land, expanding Helios campus potential power capacity to 3.5GW.

[ "Net income of $30.7 million in Q2 2025, reversing previous quarter's loss", "Digital Assets adjusted gross profit increased 10% QoQ to $71.4 million", "Global Markets adjusted gross profit grew 28% QoQ to $55.4 million", "Assets under management increased 27% QoQ to $9 billion", "Average loan book size grew 27% to $1.1 billion", "CoreWeave committed to full 800MW power capacity at Helios campus", "Successful Nasdaq listing completed in Q2 2025" ]

Mill City Ventures (NASDAQ: MCVT) has successfully completed a $450 million private placement and launched its Sui blockchain treasury strategy. The company has acquired 76,271,187 SUI tokens at an average price of $3.6389 per token through an OTC agreement with the Sui Foundation.

Karatage Opportunities, led by Marius Barnett and Stephen Mackintosh, acted as lead investor alongside the Sui Foundation. Notable investors included Galaxy Digital, Pantera Capital, and other prominent firms. Barnett has been appointed as Chairman of the Board, while Mackintosh becomes Chief Investment Officer.

The company will dedicate approximately 98% of the net proceeds to SUI acquisition and treasury management, becoming the first publicly-traded SUI treasury with Sui Foundation backing. Galaxy Asset Management will serve as the Asset Manager.

GK8 by Galaxy (NYSE:GLXY) has announced the expansion of its institutional-grade digital asset custody platform to include Solana blockchain DeFi protocols. The platform now enables financial institutions and crypto funds to securely interact with Solana-based DeFi protocols like Orca, Radium, and Jupiter.

The integration provides institutional-grade security features including transaction and role-based permissions, multi-step approvals, and up to 7,500 signatures per second performance. Users can transact directly with Solana and EVM-based protocols via MetaMask and WalletConnect while maintaining full control through GK8-managed uMPC wallets.

Galaxy Digital (NASDAQ: GLXY) has announced the appointment of Doug Deason as an independent director to its Board of Directors, effective immediately. Deason, who serves as president of Deason Capital Services, will also join the company's Nominating and Corporate Governance Committee.

Deason brings extensive experience in financial services, real estate, and public markets, along with strong connections to the Texas business community and national policy circles. He currently serves as Chairman of Great American Media and holds board positions at Ryan, LLC, and Park Cities Financial Group. His civic roles include positions with MD Anderson Cancer Center and the Texas Public Policy Foundation.

Mill City Ventures III (NASDAQ:MCVT) has announced a significant $450 million private placement at $5.42 per share, involving the sale of 83,025,830 shares. The placement is led by Karatage Opportunities and Sui Foundation, with participation from notable firms including Galaxy Digital, Pantera Capital, and others.

The company plans to use 98% of proceeds to acquire SUI tokens as its primary treasury reserve asset, while 2% will fund its short-term lending business. Upon closing, expected around July 31, 2025, Karatage co-founders Marius Barnett and Stephen Mackintosh will assume positions as Chairman and Chief Investment Officer, respectively.

This strategic pivot establishes Mill City as the sole SUI treasury with Sui Foundation support, providing institutional-grade exposure to the Sui blockchain ecosystem through a publicly traded structure.

Galaxy Digital (NASDAQ: GLXY) has achieved a significant milestone by executing one of the largest bitcoin transactions in crypto history. The company facilitated the sale of over 80,000 bitcoin, valued at approximately $9 billion at current market prices, on behalf of a Satoshi-era investor.

The historic transaction was conducted as part of the early bitcoin investor's estate planning strategy, marking one of the most substantial exits from the digital asset market by an early adopter.

Function has secured a $10M seed round with Galaxy Digital (NASDAQ/TSX: GLXY) joining as a core contributor and investor alongside Antalpha and Mantle. The company's flagship product, FBTC, has achieved $1.5B in Total Value Locked (TVL) and aims to transform Bitcoin from a passive store of value into a productive financial asset.

Function's platform enables institutional Bitcoin yield generation through FBTC, a fully reserved 1:1 Bitcoin-backed asset integrated with over 8 major protocols and 25 leading dApps. The infrastructure focuses on institutional trust, sustainable yield generation, and omnichain compatibility across networks including Ethereum, Arbitrum, and Mantle.

Galaxy Digital (NASDAQ: GLXY) has announced its upcoming second quarter 2025 financial results webcast and conference call, scheduled for August 5, 2025. The company will release its financial results before the opening of Nasdaq and TSX, followed by a conference call at 8:30 AM Eastern Time.

CEO and Founder Michael Novogratz and management will host the call to update investors and analysts. The event will be accessible via live webcast on the company's investor relations website, with dial-in options available for U.S. and Canadian participants.