Galaxy Digital swings to $323 million quarterly profit, announces new $200 million share buyback
4 outlets · first seen 17h ago · latest 9h ago
-
The Blockfirst seen
Galaxy Digital swings to $323 million quarterly profit, announces new $200 million share buyback
Galaxy returned to profitability in the third quarter as trading volumes and lending increased, with a new $200 million buyback authorized.
-
Unchained
Galaxy Books $323 Million Q3 Profit as Its Own Investments Rebound
Galaxy Digital (Nasdaq: GLXY) reported a $323 million net profit for the third quarter on Oct. 27, with most of the improvement coming from the segment that holds the firm’s own digital asset and investment positions. The company lost $85 million in the second quarter. In the three months ended Sept. 30, its Treasury & Corporate segment generated $419 million…
-
Blockonomi
Galaxy Digital (GLXY) Stock: Jumps 6.63% After $323M Q3 Profit and New $200M Share Buyback
TLDR Galaxy Digital (GLXY) surges 6.63% as third-quarter profit reaches $323 million. Galaxy swings from an $85M Q2 loss to a $323M profit in the third quarter of 2026. Galaxy approves another $200M buyback after repurchasing 9.8M shares this year. Galaxy’s total assets jump 51% to $16.4B as liquid holdings reach $4.9B in Q3. Galaxy secures $3.5B in notes to…
-
Bitcoin News
Galaxy Digital Shares Rise Following $323M Q3 Profit, New $200M Buyback Plan
Galaxy Digital returned to profitability in the third quarter of 2026, reporting $323 million in net income as gains from its investment portfolio and rapid growth in its AI data center business helped offset continued losses in its core digital assets division. Shares were up on Tuesday following the announcement. The Mike Novogratz-led cryptocurrency investment […]