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Galaxy Digital posts $323m third-quarter profit and adds $200m to buyback

NewsFeeds update

Galaxy Digital reported third-quarter net profit of $323m, against a net loss of $85m in the prior quarter, with adjusted EBITDA of $455m and adjusted earnings per share of $0.83. The board added $200m to its share buyback authorisation as the firm's data-centre power pipeline grew past 5.7 GW.

BitcoinPANewsAIBullish

Read the original on PANews

The story so far: Galaxy Digital buyback and insider buying

Galaxy Digital reported third-quarter net profit of $323m and the board added $200m to its share buyback authorisation. CEO Michael Novogratz then bought 760,000 class A shares for about $9.9m, and the board approved a further $200m buyback.

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  1. Galaxy Digital posts $323m third-quarter profit and adds $200m to buyback

  2. Galaxy's Michael Novogratz buys $9.9m of shares as board clears $200m buyback

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