Galaxy’s quarterly loss narrowed by 61% as its data center segment began generating revenue and the company funded the next 260 MW of critical IT capacity at Helios.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
The Bank of New York Mellon Corporation (NYSE: BNY), the world's largest custodian bank, is expanding its digital asset business to let institutional clients earn rewards on the crypto they already hold with the bank, teaming up with Galaxy Digital to make it happen. BNY Mellon is a ...
BNY (NYSE: $BNY), the world's largest custodian bank, is partnering with crypto financial services firm Galaxy ...
Wells Fargo and BNY join a growing push by Wall Street firms to build regulated on-chain financial rails, with broader tokenized deposit networks expected to roll out over the next two years.
Analysts have questioned the small team and scale of operations of Coldcard maker Coinkite, and called it a “red flag.”
Money is now moving to help protect the coin from its biggest emerging threat.
Morgan Stanley research flagged upside for Cipher Digital and Galaxy Digital from ERCOT's large-load interconnection process. The bank estimates ERCOT will classify roughly 65 gigawatts of large-load requests as baseload…
The initial classifications could strengthen the grid positions of Cipher Mining and Galaxy Digital while adding pressure to Texas power prices. Projects placed in the studied category face a longer…
Coinbase Ventures and Franklin Templeton joined the round as new investors, while Brevan Howard Digital and other existing investors also continued their support.
Ionic Digital went public yesterday, so we cover the former bitcoin miner’s debut and its watershed AI deal with Nscale, and we cover Galaxy Digital closing a $3.5B raise.
Galaxy Digital Inc. (GLXY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Galaxy Digital (NASDAQ: $GLXY) has announced plans to open a second artificial intelligence (A.I.) data centre in T...
Galaxy Digital acquired 500 acres in McGregor, McLennan County, Texas, under a development agreement with the city for a new AI/HPC campus — its first expansion beyond the CoreWeave-anchored Helios…
Core Scientific announced a $15 billion AI deal with AMD and a neocloud during its Q2 earnings, and Galaxy Digital has purchased a new site for a 74 MW AI…
Galaxy CEO Mike Novogratz said the deal reflects its view that AI compute demand is a structural shift.
Galaxy’s McGregor project could grow into a multi-hundred-megawatt campus by 2030, extending its Texas infrastructure strategy beyond the 1.6 GW Helios site.
SkyBridge Capital founder Anthony Scaramucci reiterated on Monday that Democrats will block the Clarity Act out of “dislike” for President Donald Trump rather than on the merits of the legislation. Novograts Pushes Back on Scaramucci’s Assertions It all started during the Wolf of All Streets podcast, in which Scaramucci said that Democrats would do everything possible to block initiatives Trump supports, including the Clarity Act, whose passage could “monetarily benefit” the president. As a resu
Arthur Hayes bought $6.39M more ETH hours before Ether fell to $1,872, extending his $13.87M buying streak.
Galaxy Digital (GLXY) recently launched Galaxy Curator, an institutional vault curation product built on Morpho and distributed through Fireblocks Earn, giving more than 2,400 institutions access to curated onchain yield strategies. See our latest analysis for Galaxy Digital. Despite launching Galaxy Curator and securing a US$500 million warehouse lending facility with Grove, Galaxy Digital’s share price has fallen 22.49% over the past 30 days and its 1-year total shareholder return is down...
Galaxy Digital (NasdaqGS:GLXY) has appointed Steven Bandrowczak to its Board of Directors. Bandrowczak is an enterprise technology executive with experience in IT, data infrastructure, artificial intelligence, and public-company governance. The appointment aligns with Galaxy Digital’s efforts in data center infrastructure and digital assets, as well as its focus on large-scale transactions and capital allocation. For investors watching Galaxy Digital, this board appointment ties directly to...
The bill’s biggest obstacle, ethics rules involving President Trump’s crypto holdings, was recently cleared with a White House-backed compromise.
Galaxy Digital priced $3.5 billion in senior secured notes at a 9.875% fixed coupon maturing August 1, 2031 to fund the second phase of its Helios data center in Texas.
Nvidia, Meta, Microsoft, and more have penned an open letter in defense of open weight models, and Galaxy Digital’s has priced its $3.5B senior secured note.
Galaxy’s 9.875% debt offering will help finance a 260 MW AI/HPC project in Dickens County, Texas.