US EditionGalaxy (GLXY) News: $460M Investment From a 'Large Asset Manager,' Shares Pop 3%
Galaxy Digital received $460 million from a major asset manager to expand its Helios AI data center, aiming for 133 megawatts IT load by mid-2026, boosting AI infrastructure capacity.
- On Oct. 10, 2025, Galaxy Digital Inc. secured a $460 million private strategic investment from one of the world's largest asset managers.
- After buying the Helios site from Argo Blockchain, Galaxy Digital is converting the former bitcoin mine into a data center focused on AI and high-performance computing.
- The financing details show Galaxy Digital will issue roughly 9 million new Class A shares and 3.8 million executive shares at $36 per share, closing on or about October 17 pending Toronto Stock Exchange approval.
- Following the announcement, Galaxy Digital shares rose about 3% in post-market trading after the announcement, with proceeds earmarked for general corporate purposes and the Helios campus buildout in Dickens County, Texas.
- This funding positions Galaxy as one of few public firms bridging crypto, finance and AI infrastructure, attracting institutional investors, while analysts estimate the CoreWeave lease could generate over $1 billion annual revenue.
39 Articles
39 Articles
Galaxy (GLXY) News: $460M Investment From a 'Large Asset Manager,' Shares Pop 3%
Digital asset investment firm Galaxy Digital (GLXY) said on Friday it agreed to a $460 million private investment from one of the world’s largest asset managers, a deal that would add cash for its growing data center business and general corporate needs.The investment, from the undisclosed firm, is split between 9,027,778 new Class A shares issued by Galaxy and 3,750,000 shares sold by certain executives, including founder and CEO Mike Novogratz…
Rutland Herald
Galaxy Announces $460 Million Strategic Investment from a Leading Asset Management Firm
NEW YORK, Oct. 10, 2025 /PRNewswire/ - Galaxy Digital Inc. ("Galaxy") (Nasdaq: GLXY) is pleased to announce that, following an agreement reached earlier this week, it today entered into investment agreements with one of the world's largest and most respected…
Novogratz’s Galaxy Digital Raises $460M From Top Asset Manager - FinanceFeeds
Private Investment Strengthens Galaxy’s Expansion Plans Galaxy Digital said Friday it secured a $460 million private investment from one of the world’s largest asset managers to fund its growing data center business and bolster corporate liquidity. The deal, priced at $36 per share, consists of roughly 9 million new Class A shares and 3.8 million sold by executives, including founder and CEO Mike Novogratz. The transaction is expected to close o…
Galaxy Digital Secures $460 Million Investment to Boost AI and Data Center Expansion
Galaxy Digital (NASDAQ: GLXY), a leading digital asset investment firm, announced on Friday that it has secured a $460 million private investment from one of the worlds largest asset managers. The funding aims to strengthen Galaxys balance sheet, fuel its expanding data center operations, and support general corporate initiatives. According to the companys press release, the deal involves the issuance of 9,027,778 new Class A shares and the sale…
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