Galaxy Digital announced a $460 million share investment on October 10, 2025, including approximately $325 million in newly issued company shares and $135 million in shares sold by executives.
The company release specified 9,027,778 shares purchased from Galaxy and 3,750,000 from executives, both at $36 per share. Multiplying those quantities gives the respective amounts before expenses.
Where the proceeds would go
Galaxy said its proceeds would support general corporate purposes and construction at its Helios data-center campus. Money paid for existing executive shares would go to those sellers, rather than become additional company financing.
The company targeted 133 megawatts of critical IT load in the first half of 2026 under its first-phase lease. That was a development expectation, not capacity already delivered.
The transaction was still conditional
The announced closing target was around October 17, subject to customary conditions including Toronto Stock Exchange approval. Additional power described as being under study should not be counted as completed or leased capacity.
For background on interpreting financing announcements, see our guide to primary sources.
Editor’s note: The headline and proceeds breakdown are corrected: the $460 million total includes approximately $135 million in secondary executive share sales. Construction targets and closing conditions are now explicit.