08:02 AM EDT, 10/28/2025 (MT Newswires) -- Galaxy Digital ( GLXY ) down 9% in U.S. pre-market trading, said Tuesday that it has priced its upsized US$1.15 billion (from $1 billion) offering of 0.50% exchangeable senior notes due 2031.

The underwriters have also been granted an over-allotment option of up to $150 million of notes.

Net proceeds will be $1.13 billion and will be used to support growth across Galaxy's businesses and may also include repaying existing senior notes due 2026.

The notes will be general senior, unsecured obligations. Sale of the notes is expected to settle on Oct. 30.

Galaxy Digital ( GLXY ) shares are down $3.65, to $36.90 in New York trading.