Galaxy Digital Inc. Class A (GLXY)

Galaxy Digital finalized its U.S. move and began trading on Nasdaq under the ticker GLXY on May 16, 2025. The company reported a net loss of $295 million for Q1 2025 due to a decline in digital asset prices and impairment charges related to the wind-down of mining operations. CoreWeave expanded its lease at Galaxy's Helios facility, increasing the total committed AI/HPC capacity to 393 megawatts. The stock experienced dips amid concerns over insider selling, even as the company secured a $460 million strategic investment for data center expansion. Galaxy Digital released its Q3 2025 earnings, reporting a net income of $505 million and adjusted EBITDA of $629 million. The company disclosed that its total assets on the platform nearly doubled to $17 billion by the end of Q3. The company integrated with Coinbase Prime to expand institutional access to staking solutions and offered an upsized $1.15 billion exchangeable senior notes. As of November 28, 2025, GLXY stock had risen by 5.13% in the previous week but fallen by 35.37% over the last month, with a 57.13% increase over the past year. Analyst ratings have generally been positive, with a consensus "Buy" rating and an average 1-year target price of approximately $43.33. Insider trading activity included Director Douglas Deason purchasing shares, while President Christopher Ferraro and Director Rhonda Adams-Medina sold shares.

Demand for Galaxy Digital's offerings is closely tied to the broader cryptocurrency market dynamics rather than traditional seasonal patterns. The company's stock price continues to react strongly to crypto trends, suggesting that demand for its crypto-related services is more influenced by market cycles and investor sentiment in the digital asset space. No specific seasonality for its demand was identified for the new data center business for AI and high-performance computing.

Galaxy Digital is a technology-driven financial services and investment management firm focused on digital assets and data center infrastructure, aiming to accelerate progress in finance and AI. It offers a suite of products and services including institutional access to trading, advisory services, asset management, staking, self-custody solutions, and tokenization technology. The company is also involved in investment banking, principal investments, mining, and operates data center infrastructure like its Helios facility to power AI and high-performance computing.

Galaxy Digital is headquartered in New York City and has a global presence with offices across North America, Europe, the Middle East, and Asia. Its office locations include Chicago, San Francisco, and New Jersey in North America; London and Amsterdam in Europe; Tokyo and Hong Kong in Asia; and the Cayman Islands.

Galaxy Digital's brand reputation has been influenced by analyst sentiment and its performance in the digital asset and AI infrastructure space. Analysts have generally maintained a positive outlook, with a consensus "Strong Buy" rating and upward revisions of sales forecasts. There have also been some downward revisions of profit estimates by analysts, and the overall consensus opinion has shown some deterioration over the past four months. The stock experienced dips in October 2025 due to concerns over insider selling, which can temporarily affect investor confidence.

Galaxy Digital is primarily owned by institutional shareholders (29.66%), followed by retail investors (68.96%), and insiders (1.38%). Major institutional owners include Fmr LLC, Vanguard Group Inc., and Tudor Investment Corp Et Al. The largest individual shareholder is Michael D. Daffey.