NEW YORK, May 27, 2025 /PRNewswire/ - Galaxy Digital Inc. ("Galaxy" or the "Company") (NASDAQ: GLXY) (TSX: GLXY), a global leader in digital assets and data center infrastructure, today announced an underwritten offering of 29,000,000 shares of its Class A common stock, consisting of 24,150,000 shares offered by Galaxy and 4,850,000 shares offered by certain stockholders of Galaxy. The underwriters for the offering also have a 30-day option to purchase up to 4,350,000 additional shares of its Class A common stock from secondary shares. This is Galaxy's first underwritten public offering of its Class A common stock as a listed company on the Nasdaq Global Select Market.
kAmv2=2IJ :?E6?5D E@ FD6 E96 ?6E AC@4665D 7C@> E96 D2=6 @7 E96 D92C6D @7 r=2DD p 4@>>@? DE@4< @776C65 :? E96 @776C:?8 3J v2=2IJ E@ AFC492D6 ?6H=J :DDF65 =:>:E65 A2CE?6CD9:A F?:ED WQ{! &?:EDQX 7C@> :ED @A6C2E:?8 DF3D:5:2CJ[ v2=2IJ s:8:E2= w@=5:?8D {! WQvsw {!QX] vsw {! H:== FD6 E96 AC@4665D 7C@> E96 D2=6 @7 {! &?:ED E@ 7:?2?46 E96 4@?E:?F65 6IA2?D:@? @7 :ED 2CE:7:4:2= :?E6==:86?46 2?5 9:89\A6C7@C>2?46 4@>AFE:?8 :?7C2DECF4EFC6 2E :ED w6=:@D 52E2 46?E6C 42>AFD :? E96 A2?92?5=6 C68:@? @7 kDA2? 4=2DDlQI?\=@42E:@?Qm(6DE %6I2Dk^DA2?m[ 2?5 7@C 86?6C2= 4@CA@C2E6 AFCA@D6D] v2=2IJ H:== ?@E C646:G6 2?J AC@4665D 7C@> E96 D2=6 @7 E96 D92C6D @7 E96 D6==:?8 DE@4<9@=56CD]k^Am
kAmv@=5>2? $249D U2>Aj r@] {{r[ y6776C:6D 2?5 |@C82? $E2?=6J 2C6 24E:?8 2D 24E:G6 ;@:?E 3@@<\CF??:?8 >2?286CD 7@C E96 @776C:?8j r2?244@C5 v6?F:EJ[ r2?E@C[ z6676[ qCFJ6EE6 U2>Aj (@@5D[ k6>mp $E:76= r@>A2?Jk^6>m[ kDA2? 4=2DDlQI?\A6CD@?Qm!:A6C $2?5=6Ck^DA2?m 2?5 q%xv 2C6 24E:?8 2D 255:E:@?2= ;@:?E 3@@<\CF??:?8 >2?286CD 7@C E96 @776C:?8j 2?5 p%q r2A:E2= |2C<6ED[ %96 q6?49>2C< r@>A2?J[ r@>A2DD !@:?E[ w]r] (2:?HC:89E U2>Aj r@] 2?5 #@D6?3=2EE 2C6 24E:?8 2D 4@\>2?286CD 7@C E96 @776C:?8] v2=2IJ s:8:E2= !2CE?6CD 24E65 2D DEC2E68:4 25G:D@C 7@C E96 @776C:?8]k^Am
kAmv2=2IJ 92D 7:=65 2 C68:DEC2E:@? DE2E6>6?E W:?4=F5:?8 2 AC@DA64EFDX H:E9 E96 $64FC:E:6D 2?5 tI492?86 r@>>:DD:@? WQ$trQX 7@C E96 @776C:?8 E@ H9:49 E9:D 4@>>F?:42E:@? C6=2E6D[ 3FE DF49 C68:DEC2E:@? 92D ?@E J6E 364@>6 67764E:G6] %96 D92C6D @7 r=2DD p 4@>>@? DE@4< AC@A@D65 E@ 36 @776C65 AFCDF2?E E@ DF49 C68:DEC2E:@? DE2E6>6?E >2J ?@E 36 D@=5[ ?@C >2J @776CD E@ 3FJ 36 2446AE65[ AC:@C E@ E96 E:>6 E96 C68:DEC2E:@? DE2E6>6?E 364@>6D 67764E:G6] q67@C6 J@F :?G6DE[ J@F D9@F=5 C625 E96 AC@DA64EFD :? E92E C68:DEC2E:@? DE2E6>6?E 2?5 @E96C 5@4F>6?ED v2=2IJ 92D 7:=65 H:E9 E96 $tr 7@C >@C6 4@>A=6E6 :?7@C>2E:@? 23@FE v2=2IJ 2?5 E9:D @776C:?8] *@F >2J 86E E96D6 5@4F>6?ED 7@C 7C66 3J G:D:E:?8 tsvp# @? E96 $tr H63D:E6 2EÂ k2 9C67lQ9EEADi^^4a`a]?6E^4^=:?<^nEl_U2>Aj=l6?U2>Aj@lccbebcg\`U2>Aj9l`b_e`hcd`eU2>AjFl9EEADTbpTauTauHHH]D64]8@GTauU2>Aj2lHHH]D64]8@GQ C6=lQ?@7@==@HQ E2C86ElQ03=2?<QmHHH]D64]8@Gk^2m]Â k^Am
kAmp=E6C?2E:G6=J[ v2=2IJ[ 2?J F?56CHC:E6C @C 2?J 562=6C A2CE:4:A2E:?8 :? E96 @776C:?8 H:== 2CC2?86 E@ D6?5 J@F E96 AC6=:>:?2CJ AC@DA64EFD :7 J@F C6BF6DE :E 7C@>i v@=5>2? $249D U2>Aj r@] {{r[ 2EE6?E:@?i !C@DA64EFD s6A2CE>6?E[ a__ (6DE $EC66E[ kDA2? 4=2DDlQI?\=@42E:@?Qm}6H *@C<[ }*k^DA2?m `_aga[ 3J E6=6A9@?6i `\gee\cf`\adae @C 3J 6>2:= 2E k2 9C67lQ>2:=E@i!C@DA64EFD\?Jo?J]6>2:=]8D]4@>Q C6=lQ?@7@==@HQm!C@DA64EFD\?Jo?J]6>2:=]8D]4@>k^2mj y6776C:6D {{r[ pEE6?E:@?i tBF:EJ $J?5:42E6 !C@DA64EFD s6A2CE>6?E[ da_ |25:D@? pG6?F6[ kDA2? 4=2DDlQI?\=@42E:@?Qm}6H *@C<[ }*k^DA2?m `__aa[ 3J E6=6A9@?6 WgffX ga`\fbgg @C 3J 6>2:= 2E k2 9C67lQ>2:=E@i!C@DA64EFD0s6A2CE>6?Eoy6776C:6D]4@>Q C6=lQ?@7@==@HQm!C@DA64EFD0s6A2CE>6?Eoy6776C:6D]4@>k^2mj @C |@C82? $E2?=6J U2>Aj r@] {{r[ pEE6?E:@?i !C@DA64EFD s6A2CE>6?E[ `g_ '2C:4< $EC66E[ a?5 u=@@C[ kDA2? 4=2DDlQI?\=@42E:@?Qm}6H *@C<[ }*k^DA2?m `__`c]k^Am
kAm%96 AC@A@D65 @776C:?8 :D 36:?8 >256 @?=J 3J >62?D @7 2 AC@DA64EFD] %9:D AC6DD C6=62D6 D92== ?@E 4@?DE:EFE6 2? @776C E@ D6== @C E96 D@=:4:E2E:@? @7 2? @776C E@ 3FJ 2?J D92C6D @7 r=2DD p 4@>>@? DE@4<[ ?@C D92== E96C6 36 2?J D2=6 @7 D92C6D @7 r=2DD p 4@>>@? DE@4<[ :? 2?J DE2E6 @C ;FC:D5:4E:@? :? H9:49 DF49 @776C[ D@=:4:E2E:@? @C D2=6 H@F=5 36 F?=2H7F= AC:@C E@ C68:DEC2E:@? @C BF2=:7:42E:@? F?56C E96 D64FC:E:6D =2HD @7 2?J DF49 DE2E6 @C ;FC:D5:4E:@?]k^Am
kAm%96 D92C6D @7 r=2DD p 4@>>@? DE@4< DF3;64E E@ E96 @776C:?8 92G6 ?@E 366? BF2=:7:65 7@C 5:DEC:3FE:@? 3J 2 AC@DA64EFD :? kDA2? 4=2DDlQI?\=@42E:@?Qmr2?252k^DA2?m 2?5 4@?D6BF6?E=J >2J ?@E 36 @776C65[ D@=5 @C 56=:G6C65 :? kDA2? 4=2DDlQI?\=@42E:@?Qmr2?252k^DA2?m @C 7@C E96 244@F?E @7 2?J r2?25:2? C6D:56?E 6I46AE :? EC2?D24E:@?D 6I6>AE 7C@>[ @C ?@E DF3;64E E@[ E96 AC@DA64EFD C6BF:C6>6?ED @7 2AA=:423=6 r2?25:2? D64FC:E:6D =2HD] $92C6D @7 r=2DD p 4@>>@? DE@4< :DDF65 3J E96 r@>A2?J :? kDA2? 4=2DDlQI?\=@42E:@?Qmr2?252k^DA2?m 2D A2CE @7 E96 @776C:?8 H:== 36 DF3;64E E@ C6D2=6 C6DEC:4E:@?D 7@C 2 A6C:@5 @7 7@FC >@?E9D 2?5 @?6 52J 7C@> E96 52E6 @7 E96:C :DDF2?46 :? 244@C52?46 H:E9 2AA=:423=6 r2?25:2? D64FC:E:6D =2H] %96 %$) 92D ?6:E96C 2AAC@G65 ?@C 5:D2AAC@G65 E96 4@?E6?ED @7 E9:D AC6DD C6=62D6] }@ D64FC:E:6D 4@>>:DD:@? @C D:>:=2C C68F=2E@CJ 2FE9@C:EJ :? kDA2? 4=2DDlQI?\=@42E:@?Qmr2?252k^DA2?m 92D C6G:6H65 @C A2DD65 @? E96 >6C:ED @7 E96 @776C:?8]k^Am
kAmkDEC@?8mpq~&% vp{p)* sxvx%p{ x}r]k^DEC@?8mk^Am
kAmv2=2IJ s:8:E2= x?4] W}p$sp"^%$)i v{)*X :D 2 8=@32= =6256C :? 5:8:E2= 2DD6ED 2?5 52E2 46?E6C :?7C2DECF4EFC6[ 56=:G6C:?8 D@=FE:@?D E92E 2446=6C2E6 AC@8C6DD :? 7:?2?46 2?5 2CE:7:4:2= :?E6==:86?46] ~FC 5:8:E2= 2DD6ED A=2E7@C> @776CD :?DE:EFE:@?2= 2446DD E@ EC25:?8[ 25G:D@CJ[ 2DD6E >2?286>6?E[ DE2<:?8[ D6=7\4FDE@5J[ 2?5 E@<6?:K2E:@? E649?@=@8J] x? 255:E:@?[ H6 :?G6DE :? 2?5 @A6C2E6 4FEE:?8\6586 52E2 46?E6C :?7C2DECF4EFC6 E@ A@H6C px 2?5 9:89\A6C7@C>2?46 4@>AFE:?8[ >66E:?8 E96 8C@H:?8 56>2?5 7@C D42=23=6 6?6C8J 2?5 4@>AFE6 D@=FE:@?D :? E96 &]$] %96 r@>A2?J :D 9625BF2CE6C65 :? kDA2? 4=2DDlQI?\=@42E:@?Qm}6H *@C< r:EJk^DA2?m[ H:E9 @77:46D 24C@DD kDA2? 4=2DDlQI?\=@42E:@?Qm}@CE9 p>6C:42k^DA2?m[ kDA2? 4=2DDlQI?\=@42E:@?QmtFC@A6k^DA2?m[ E96 kDA2? 4=2DDlQI?\=@42E:@?Qm|:55=6 t2DEk^DA2?m 2?5 kDA2? 4=2DDlQI?\=@42E:@?QmpD:2k^DA2?m]k^Am
kAmkDEC@?8m}~%t #tvp#sx}v u~#(p#s\{~~zx}v $%p%t|t}%$k^DEC@?8mk^Am
kAm%9:D AC6DD C6=62D6 >2J 4@?E2:? Q7@CH2C5\=@@<:?8 DE2E6>6?EDQ H:E9:? E96 >62?:?8 @7 $64E:@? afp @7 E96 $64FC:E:6D p4E @7 `hbb[ 2D 2>6?565 WE96 Q$64FC:E:6D p4EQX[ $64E:@? a`t @7 E96 $64FC:E:6D tI492?86 p4E @7 `hbc[ 2D 2>6?565 WE96 QtI492?86 p4EQX 2?5 Q7@CH2C5\=@@<:?8 :?7@C>2E:@?Q F?56C r2?25:2? D64FC:E:6D =2HD W4@==64E:G6=J[ Q7@CH2C5\=@@<:?8 DE2E6>6?EDQX] u@CH2C5\=@@<:?8 DE2E6>6?ED 2C6 DE2E6>6?ED @E96C E92? 9:DE@C:42= 724ED 2?5 >2J :?4=F56 DE2E6>6?ED E92E 255C6DD 7FEFC6 @A6C2E:?8[ 7:?2?4:2= @C 3FD:?6DD A6C7@C>2?46 @C v2=2IJVD DEC2E68:6D @C 6IA64E2E:@?D[ :?4=F5:?8 E9@D6 23@FE E96 @776C:?8] %96 H@C5D Q2?E:4:A2E6[Q Q36=:6G6[Q Q4@?E:?F6[Q Q4@F=5[Q Q6DE:>2E6[Q Q6IA64E[Q Q7@C642DE[Q Q:?E6?5[Q Q>2J[Q Q>:89E[Q QA=2?[Q QA@DD:3=6[Q QA@E6?E:2=[Q QAC65:4E[Q QAC@;64E[Q QD9@F=5[Q QH@F=5Q 2?5 D:>:=2C 6IAC6DD:@?D >2J :56?E:7J 7@CH2C5\=@@<:?8 DE2E6>6?ED[ 3FE E96 23D6?46 @7 E96D6 H@C5D 5@6D ?@E >62? E92E 2 DE2E6>6?E :D ?@E 7@CH2C5\=@@<:?8] %96 7@CH2C5\=@@<:?8 DE2E6>6?ED 4@?E2:?65 :? E9:D 5@4F>6?E 2C6 32D65 @? @FC 4FCC6?E 6IA64E2E:@?D 2?5 36=:67D 4@?46C?:?8 7FEFC6 56G6=@A>6?ED 2?5 E96:C A@E6?E:2= 67764ED @? FD E2<:?8 :?E@ 244@F?E :?7@C>2E:@? 4FCC6?E=J 2G2:=23=6 E@ FD] %96C6 42? 36 ?@ 2DDFC2?46 E92E 7FEFC6 56G6=@A>6?ED 27764E:?8 FD H:== 36 E9@D6 E92E H6 92G6 2?E:4:A2E65] %96D6 7@CH2C5\=@@<:?8 DE2E6>6?ED :?G@=G6 2 ?F>36C @7 C:D<D[ F?46CE2:?E:6D WD@>6 @7 H9:49 2C6 36J@?5 @FC 4@?EC@=X @C @E96C 2DDF>AE:@?D E92E >2J 42FD6 24EF2= C6DF=ED @C A6C7@C>2?46 E@ 36 >2E6C:2==J 5:776C6?E 7C@> E9@D6 6IAC6DD65 @C :>A=:65 3J E96D6 7@CH2C5\=@@<:?8 DE2E6>6?ED] %96D6 C:D<D :?4=F56[ 3FE 2C6 ?@E =:>:E65 E@ E96 C:D<D 4@?E2:?65 :? 7:=:?8D H6 >2<6 H:E9 E96 $64FC:E:6D 2?5 tI492?86 r@>>:DD:@? WE96 Q$trQX 7C@> E:>6 E@ E:>6[ :?4=F5:?8 :? E96 AC@DA64EFD 7@C E96 @776C:?8 2?5 :? @FC "F2CE6C=J #6A@CE @? u@C> `_\" 7@C E96 BF2CE6C 6?565 kDA2? 4=2DDlQI?\49C@?Qm|2C49 b`[ a_adk^DA2?m[ 7:=65 H:E9 E96 $tr @? kDA2? 4=2DDlQI?\49C@?Qm|2J `b[ a_adk^DA2?m] u@CH2C5\=@@<:?8 DE2E6>6?ED DA62< @?=J 2D @7 E96 52E6 E96J 2C6 >256] tI46AE 2D C6BF:C65 3J =2H[ H6 2DDF>6 ?@ @3=:82E:@? E@ FA52E6 @C C6G:D6 2?J 7@CH2C5\=@@<:?8 DE2E6>6?ED H96E96C 2D 2 C6DF=E @7 ?6H :?7@C>2E:@?[ 7FEFC6 6G6?ED @C @E96CH:D6[ @C E@ FA52E6 E96 C62D@?D :7 24EF2= C6DF=ED 5:776C >2E6C:2==J 7C@> E9@D6 2?E:4:A2E65 :? E96 7@CH2C5\=@@<:?8 DE2E6>6?ED] *@F D9@F=5 ?@E E2<6 2?J DE2E6>6?E C682C5:?8 A2DE EC6?5D @C 24E:G:E:6D 2D 2 C6AC6D6?E2E:@? E92E E96 EC6?5D @C 24E:G:E:6D H:== 4@?E:?F6 :? E96 7FEFC6] p44@C5:?8=J[ J@F D9@F=5 ?@E AFE F?5F6 C6=:2?46 @? E96D6 DE2E6>6?ED]k^Am
kA :5lQ!&#{Qmk:>8 2=ElQr:D:@?Q 96:89ElQ`aQ DC4lQ9EEADi^^4a`a]?6E^4^:>8^72G:4@?]A?8nD?l%~hehgeU2>AjD5la_ad\_d\afQ E:E=6lQr:D:@?Q H:5E9lQ`aQ ^m ':6H @C:8:?2= 4@?E6?E E@ 5@H?=@25 >F=E:>65:2ik2 9C67lQ9EEADi^^HHH]AC?6HDH:C6]4@>^?6HD\C6=62D6D^82=2IJ\5:8:E2=\:?4\2??@F?46D\AF3=:4\@776C:?8\@7\4@>>@?\DE@4<\b_aceebe`]9E>=Q :5lQ!#}&#{Q C6=lQ?@7@==@HQ E2C86ElQ03=2?<Qm9EEADi^^HHH]AC?6HDH:C6]4@>^?6HD\C6=62D6D^82=2IJ\5:8:E2=\:?4\2??@F?46D\AF3=:4\@776C:?8\@7\4@>>@?\DE@4<\b_aceebe`]9E>=k^2mk^Am
kAm$~&#rt v2=2IJ s:8:E2= x?4]k^Am
kAmk:>8 DC4lQ9EEADi^^CE]AC?6HDH:C6]4@>^CE]8:7n}6HDxE6>x5l%~hehgeU2>Aj%C2?D>:DD:@?0x5la_ad_daf`fb`!#0}t($0&$!#00000%~hehgeU2>Ajs2E6x5la_ad_dafQ DEJ=6lQ3@C56Ci_AIj H:5E9i`AIj 96:89Ei`AIjQ ^mk^Am