04:24 PM EDT, 10/10/2025 (MT Newswires) -- Galaxy Digital ( GLXY ) announced late Friday a $460 million private investment agreement with a major global asset management firm.

The transaction involves the acquisition of 9 million shares from Galaxy and 3.8 million shares from certain Galaxy executives, including Chief Executive Mike Novogratz, for $36 per share, the company said.

Galaxy will use the funds to support operations and its Helios data center project, targeting 133 megawatts of capacity by early 2026, it added.

The deal is expected to close by Oct. 17, with Q3 results due on Oct. 21.

Galaxy Digital ( GLXY ) shares rose 3.8% during after-hours activity.