Galaxy Digital Holdings Ltd. announced this week that its board has authorized a $200 million share repurchase program for the company’s Class A common stock.
Galaxy Digital Moves to Buy Back Shares Following Q4 LossBeyond the repurchase program, Galaxy continues to expand its business beyond digital asset services, including its Helios data center campus in Texas, which supports high-performance computing and artificial intelligence workloads. The company said this diversification strategy is intended to reduce reliance on crypto-related revenue while positioning Galaxy for longer-term growth.
FAQ What did Galaxy Digital announce?The company authorized a $200 million share repurchase program for its Class A common stock. How long will the buyback last?The program is approved to run for up to 12 months starting Feb. 6, 2026. Is Galaxy required to buy back all $200 million?No, the program is discretionary and may be paused or ended at any time. Why did Galaxy approve the buyback?Management said it believes the stock is undervalued relative to the company’s financial position and long-term outlook.
