Galaxy Digital 200M$ Share Buyback Program

Galaxy Digital Authorizes $200 Million Share Buyback

Galaxy Digital Inc. (Nasdaq: GLXY) has authorized a share repurchase program to buy back up to $200 million of its Class A common shares over the next 12 months. Repurchases may be conducted through open market transactions or private negotiations, subject to Canadian Securities Administrators rules and exchange approvals, and the program may be suspended or terminated at any time. Normal issuer bid approval on the Toronto Stock Exchange, and limited to 5% of the initial share count on Nasdaq.

The company operates in digital asset trading, asset management, staking, custody, and data center infrastructure. CEO Mike Novogratz stated that the firm entered 2026 with a strong balance sheet and investments, offering capital return flexibility when the share value is seen as undervalued. The news came three days after the company reported a $482 million net loss in Q4 2025 and a $241 million annual loss.

Bitcoin's 15% Price Surge and GLXY Stock Reaction

The share price rose 17% in 24 hours but fell 25% month-to-date (Yahoo Finance data). Bitcoin surged 15% in the last 15 hours from $60,000 to $68,000, now at $70,668 (+5.68% 24h). This rebound revitalized crypto stocks; however, month-to-date, Coinbase (COIN) lost 36%, Circle (CRCL) 34%, MicroStrategy (MSTR, holder of 713,502 BTC) 20%, mining stocks MARA 27%, IREN 8%. Click for detailed BTC analysis.

Bitcoin Technical Analysis: Strong Supports and Bearish Signals

• Price: $70,668 USD | 24h Change: +5.68%
• RSI: 31.51 (Oversold region)
• Trend: Downtrend | Supertrend: Bearish | EMA 20: $81,031 USD
• Supports: S1 $62,909 USD (⭐ Strong, -10.09%), S2 $66,663 USD (⭐ Strong, -4.73%)
• Resistances: R1 $76,750 USD (⭐ Strong, +9.69%), R2 $73,334 USD (⭐ Strong, +4.81%)

Check the BTC futures page for futures trading.

MicroStrategy CEO Phong's Bitcoin Price Warning

MicroStrategy CEO Phong stated that if BTC price falls below the $76,000 average, debt repayment will become difficult, and in the worst case, a drop to $8,000 would create risk. This warning supports Galaxy's buyback move in expectation of market recovery.