GLXYGalaxy Digital

Crypto · Brokers & Investment Banks · Nasdaq

Headquarters: New York, NY
CEO: Novogratz Michael / Galaxy Group Investments LLC
Next results: around Feb 2, 2027

Dilution: new shares, stock pay and buybacks

prospectuses (S-3, 424B) of the last three years and the 10-K cash flow From EDGAR

Shares offered

Since Nov 11, 2023: 3 registrations of shares for a merger, units or notes, 6 shelf registrations; also 1 resale by holders, 16 updates to earlier prospectuses.

May 21, 2026 Up to 265.1M shares for a merger, units or notes 424B3
May 8, 2026 Shelf registration: shares and other securities, amount not fixed S-3ASR
May 8, 2026 Shelf registration: shares and other securities, amount not fixed S-3
Dec 19, 2025 Up to 20.0M shares for a merger, units or notes 424B3
Dec 9, 2025 Shelf registration: shares and other securities, amount not fixed S-1/A
Oct 20, 2025 Shelf registration: shares and other securities, amount not fixed S-1

“This prospectus relates to the resale of up to 265,061,636 shares of Class A common stock (the “Resale Shares”) consisting of (i) 213,112,343 shares of Class A common stock issuable upon redemption or exchange of an equivalent number of limited partnership units (the “LP Units”) of Galaxy Digital Holdings LP (“GDH LP”), (ii) up to 2,750,000 shares of Class A common stock held by certain Registered Holders as of the …”
424B3, May 21, 2026 ↗

Every offering filing →

Paid in stock

$53.6M

stock-based pay, year to Dec 31, 2025; shares sold for $851.2M in cash

Bought back

no buyback line in the 10-K XBRL, year to Dec 31, 2025

Diluted shares: 366.48M in the year to Dec 31, 2025 2025 +2.7%2024 +9.4%

Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How

No cash flow chart for banks and insurers: their operating cash flow moves with loans, deposits and trading, so it says little about how cash was spent.

Buybacks, year to Dec 31, 2025

cash paid for its own shares

Paid in stock to employees

$53.6M

stock-based compensation

Share count, 1 year

+2.7%

more shares: owners are diluted

Share count, 3 years

diluted average shares

Fiscal year to	Buybacks	Dividends	Stock pay	Shares issued for cash	Diluted shares
2025-12-31	-	-	$53.6M	$851.2M	366.48M
2024-12-31	-	-	$74.9M	$125.4M	356.72M
2023-12-31	-	-	$81.7M	$11.1M	325.98M

From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: sbc = ShareBasedCompensation; issuance = ProceedsFromIssuanceOfCommonStock; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.

Work on GLXY in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/GLXY/export.csv") into a cell.