financetom
Business
financetom
/
Business
/
Galaxy Digital Edging Up In US After Hours As Executes Sale of Over 80,000 Bitcoin
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Galaxy Digital Edging Up In US After Hours As Executes Sale of Over 80,000 Bitcoin
Jul 25, 2025 10:39 PM

04:46 PM EDT, 07/25/2025 (MT Newswires) -- Galaxy Digital ( GLXY ) said Friday afternoon that it completed the sale of more than 80,000 bitcoin, valued at over $9 billion based on current market prices. The company said the deal, carried out for a Satoshi-era investor, is one of the largest-ever bitcoin sales, "representing one of the earliest and most significant exits from the digital asset market."

The transaction was part of the investor's broader estate planning strategy, the company added.

GLXY was down more than 3% on the TSX today.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Citadel to buy power firm Energy Grid in first Japanese acquisition
Citadel to buy power firm Energy Grid in first Japanese acquisition
Jun 27, 2024
TOKYO, June 28 (Reuters) - Citadel will buy Japanese power firm Energy Grid in its first acquisition in Japan and the first major U.S. investment in Japan's wholesale energy market in recent years, billionaire investor Kenneth Griffin's hedge fund said in a statement. The privately held Energy Grid provides power price risk management services to Japanese companies and the deal...
Meta says it may block news from Facebook in Australia
Meta says it may block news from Facebook in Australia
Jun 27, 2024
SYDNEY (Reuters) - Facebook owner Meta is considering blocking news content from the platform in Australia if the government makes it pay licensing fees, a company representative told a parliamentary hearing on Friday. Meta's regional policy director Mia Garlick told lawmakers all options are on the table when asked if the company would block Australians from sharing news content to...
Therapy developer Alumis prices U.S. IPO at $16 per share
Therapy developer Alumis prices U.S. IPO at $16 per share
Jun 27, 2024
June 27 (Reuters) - Alumis has priced its initial public offering of 13.1 million shares at $16 apiece, the therapy developer said late on Thursday. ...
Meta says it may block news from Facebook in Australia
Meta says it may block news from Facebook in Australia
Jun 27, 2024
SYDNEY, June 28 (Reuters) - Facebook owner Meta is considering blocking news content from the platform in Australia if the government makes it pay licensing fees, a company representative told a parliamentary hearing on Friday. Meta's regional policy director Mia Garlick told lawmakers all options are on the table when asked if the company would block Australians from sharing news...
Copyright 2023-2026 - www.financetom.com All Rights Reserved