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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.
AWM Investment Company Inc. acquired a new stake in shares of Galaxy Digital Inc. (NASDAQ: GLXY) during the undefined quarter, according to its most recent 13F filing with the SEC. The firm acquired 447,000 shares of the company's stock, valued at approximately $12,221,000. Galaxy Digital makes up 1.1% of AWM Investment Company Inc.'s
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.
Galaxy Digital Inc. (NASDAQ: GLXY - Get Free Report) gapped up before the market opened on Tuesday following insider buying activity. The stock had previously closed at $19.52, but opened at $20.80. Galaxy Digital shares last traded at $20.4810, with a volume of 815,334 shares changing hands. Specifically, Director Steven John Bandrowczak purchased 5,100 shares of
Alex Thorn, head of firmwide research at Galaxy Digital, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." The crypto community is reeling from a breach involving Coldcard wallets made by Coinkite, that drained an estimated $130 million of Bitcoin from about 7,300 wallet addresses.
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.