GLXY

TORONTO--(BUSINESS WIRE)--The Ontario Superior Court of Justice has granted leave pursuant to section 138.8 of the Ontario Securities Act to commence a secondary market misrepresentation claim against Galaxy Digital Holdings Ltd. (the predecessor company to Galaxy Digital Inc.) (Nasdaq: GLXY, formerly TSX: GLXY), Michael Novogratz, and Alex Ioffe. The Court also certified the action as a class proceeding.The action alleges secondary market misrepresentations relating to, among other things, the.

Galaxy Digital is transitioning from a crypto company to a data center platform, with Helios as its primary growth engine. Phase I of Helios is fully operational, driving high-margin revenue; Phases II and III, plus 830 MW of approved capacity, represent major future catalysts. Despite current losses and an expensive valuation, GLXY's long-term earnings potential from contracted and prospective data center deals justifies a Buy rating.

The partnership pairs Israel's largest bank with Galaxy's infrastructure to give customers secure, regulated access to digital assets TEL AVIV, Israel and NEW YORK, Aug. 14, 2026 /PRNewswire/ -- Bank Leumi, Israel's largest bank, and Galaxy Digital Inc. (Nasdaq: GLXY) today announced a partnership to provide digital asset trading for the bank's customers. Through this partnership, Bank Leumi will become the first bank in Israel to offer digital asset trading services to its customers.

The neocloud group is bouncing back midday Tuesday after a brutal stretch. Shares of TeraWulf (NASDAQ:WULF) are up 4% to $17, Hut 8 (NASDAQ:HUT) leads the group with a 7% gain to $91, Galaxy Digital (NASDAQ:GLXY | GLXY Price Prediction) is higher by 4% at $20, and Core Scientific (NASDAQ:CORZ) is up 4% to $20.

Galaxy Digital Inc. (NASDAQ:GLXY) stays in the spotlight Monday as investors weigh its $125 million onchain yield fund alongside Sharplink, coming on the heels of its second-quarter earnings report earlier last week.

Galaxy Digital Inc. (GLXY) Q2 2026 Earnings Call Transcript

Galaxy Digital Inc. (GLXY) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.36. This compares to earnings of $0.08 per share a year ago.

NEW YORK, Aug. 5, 2026 /PRNewswire/ -- Digital Prime Technologies Inc. , a provider of institutional digital asset technology solutions, today announced a strategic investment from Marex Group Limited  ('Marex' or the 'Group', Nasdaq: MRX), the diversified global financial services platform providing market access, infrastructure services and essential liquidity to clients across global commodity and financial markets. The investment builds on Marex's relationship with Digital Prime Technologies as a strategic participant on Tokenet, the global institutional-grade digital and tokenized asset lending marketplace developed in partnership with EquiLend.

NEW YORK, Aug. 5, 2026 /PRNewswire/ -- Galaxy Digital Inc. (Nasdaq: GLXY) (the "Company" or "GDI") today released financial results for the three and six months ended June 30, 2026. In this press release, a reference to "Galaxy," "we," "our" and similar words refers to GDI, its subsidiaries and affiliates, and, prior to the Reorganization Transactions, refers to Galaxy Digital Holdings LP (the "Partnership" or "GDH LP"), its subsidiaries and affiliates, or any one of them, as the context requires.1 — Financial Highlights Q2 2026 net loss of $(85) million and diluted and adjusted EPS of $(0.09), driven primarily by the depreciation of digital asset prices in the quarter.2 Q2 2026 adjusted gross profit of $43 million and adjusted EBITDA of $(77) million.2  Total equity of $2.7 billion and cash and stablecoin holdings of $2.5 billion as of June 30, 2026.

The relationship pairs the strengths of an onchain infrastructure leader with the scale of a trusted leading global financial institution to expand digital asset services NEW YORK, Aug. 4, 2026 /PRNewswire/ -- Galaxy Digital Inc. (Nasdaq: GLXY) ("Galaxy" or the "Company") today announced a strategic collaboration with BNY (NYSE: BNY), a global financial services company, to further advance digital asset infrastructure for institutional markets, including support for staking, a process that allows eligible digital assets to earn rewards, on BNY's Digital Asset Custody platform. This will bring together Digital Asset Custody and staking within a single institutional servicing model.