Galaxy Digital

Canaccord Genuity Acted as Joint Bookrunner to Galaxy Digital on US$600 Million Upsized Offering of Common Stock

Canaccord Genuity is pleased to announce it has acted as Joint Bookrunner to Galaxy Digital Inc. ("Galaxy") (NASDAQ: GLXY) (TSX: GLXY), a global leader in digital assets and data center infrastructure, on its upsized underwritten offering of 31,600,000 shares (increased from 29,00,000 shares) of its Class A common stock, consisting of 26,400,000 shares offered by Galaxy and 5,200,000 shares offered by certain stockholders of Galaxy, at the public offering price of $19.00 per share.

This is Galaxy's first underwritten public offering of its Class A common stock as a U.S. listed company on the Nasdaq Global Select Market. The offering closed on June 3, 2025.

Galaxy intends to use the net proceeds to finance the continued expansion of its artificial intelligence and high-performance computing infrastructure at its Helios data center campus in the panhandle region of West Texas, and for general corporate purposes. Galaxy will not receive any proceeds from the sale of the shares of the selling stockholders.

This most recent transaction for Galaxy is CG’s third bookrun transaction for the Company following the US$125 million follow on offering completed in April 2024 and $402.5 million convertible offering completed in November 2024.