TLDR
- Galaxy Digital rebounds after $460M deal, boosts AI infrastructure plans
- Stock dips 6.7%, recovers 4.3% post $460M equity deal for growth
- Galaxy secures $460M to fuel AI and data center expansion by 2026
- Big-name investor backs Galaxy’s $460M push into AI infrastructure
- Galaxy Digital’s Helios project gains momentum with fresh $460M capital
Galaxy Digital’s shares saw a sharp 6.73% drop during regular trading hours, closing at $39.38. However, the stock regained momentum after hours, climbing 4.34% to reach $41.09.
This rebound followed a major private investment deal that bolstered the company’s capital base.
A $460 million strategic equity placement led by a global asset manager boosted Galaxy’s position in the digital assets sector. The investment involved the purchase of 12,777,778 Class A shares at $36 per share. Galaxy sold 9,027,778 new shares, while its executives, including the CEO, sold the rest.
This transaction will not only enhance Galaxy’s balance sheet but also fund upcoming infrastructure developments. Proceeds are allocated for general corporate use and the expansion of the Helios data center campus. Phase One of the Helios project aims to deliver 133 MW of critical IT load by mid-2026.
Strong Institutional Backing Drives New Growth Plans
Galaxy confirmed that one of the world’s largest asset managers is backing this deal, strengthening its institutional credibility. The investment reflects growing confidence in the company’s digital infrastructure and AI-focused roadmap. This support is seen as a key pillar for Galaxy’s operational and strategic growth.
The investment is expected to close by October 17, 2025, pending standard conditions and approval from the TSX. The shares are being sold privately and are not yet registered under the U.S. Securities Act of 1933. Galaxy has committed to filing a resale registration statement in the near future.
By securing fresh capital, Galaxy aims to accelerate its role in AI and high-performance computing infrastructure. The move is expected to drive long-term growth and support diversification in the digital assets landscape. It also prepares the company for scalable operations as demand in this sector rises.
Market Impact and Financial Reporting Timeline
Galaxy’s after-hours recovery signals market acknowledgment of its long-term strategy. The stock’s bounce aligns with optimism surrounding the new funding and its impact on operations. Continued developments could support further gains as investors digest the implications of the deal.
Galaxy also announced that it will report third-quarter 2025 earnings on October 21, before the Nasdaq opens. Management will host a conference call at 8:30 AM ET on the same day to discuss results and updates. A live webcast will be available on its Investor Relations site and YouTube channel.
These announcements come at a crucial time as the firm scales operations amid increasing demand for AI-ready infrastructure. The results call will shed light on how Galaxy plans to deploy its capital and deliver on its growth commitments. The market will be watching closely for financial and strategic updates.