Leading Asset Manager Invests $460M in Galaxy Digital to Boost Data Center Expansion

Galaxy Digital Inc. has secured a $460 million private investment from one of the world's largest asset managers, signaling strong institutional confidence in its digital asset and data center strategy. The deal involves the purchase of 12.8 million shares at $36 per share, with proceeds earmarked for corporate purposes and the development of its Helios data center campus.

The Helios project, on track to deliver 133 MW of critical IT capacity by mid-2026, represents a key pillar of Galaxy's infrastructure growth. "This investment validates our vision to build at the intersection of digital assets and energy infrastructure," said CEO Mike Novogratz, emphasizing the importance of balance sheet strength for scaling operations.

Transaction closure is anticipated by October 17, 2025, pending standard regulatory approvals. The participation of a blue-chip institutional investor underscores growing mainstream acceptance of crypto-native businesses despite ongoing market volatility.