Galaxy Digital, a global leader in digital assets and data centre infrastructure, has announced a $460m strategic investment from one of the world’s largest asset management firms.
The deal includes the purchase of 9,027,778 shares from Galaxy and 3,750,000 shares from its executive officers, including founder and CEO Mike Novogratz, priced at $36 per share.
The funds will be directed towards general corporate purposes and the continued development of Galaxy’s Helios data centre campus. The Helios project, set to deliver 133 MW of critical IT load in its first phase, remains on track for completion in the first half of 2026.
Galaxy operates at the intersection of finance and technology, providing institutional access to trading, advisory, asset management, staking, self-custody, and tokenisation solutions.
Alongside its digital asset platform, the company builds and manages advanced data centres that power artificial intelligence and high-performance computing workloads.
Galaxy founder and CEO Mike Novogratz said, “Strengthening our balance sheet is essential to scaling Galaxy’s data center business efficiently while maintaining the financial flexibility to support future growth.
“Having one of the world’s largest and most sophisticated institutional investors make such a significant investment in our company will support our strategic vision and our ability to build leading businesses across digital assets and data centers.”
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