Adams Medina of Galaxy Digital sells $1.65 million in shares

Published 04/09/2025, 21:56
Adams Medina of Galaxy Digital sells $1.65 million in shares

Director Adams Medina Rhonda of Galaxy Digital Inc. (EXCHANGE:GLXY), a $9.2 billion market cap company whose stock has surged 77% in the past six months, sold 67,500 shares of Class A Common Stock on September 3, 2025, for a total of $1.65 million. The shares were sold at prices ranging from $24.48 to $24.63. According to InvestingPro analysis, the stock is currently trading below its Fair Value.

On the same day, Adams also exercised options to acquire 150,000 shares of Class A Common Stock at an exercise price of $4.05, for a total value of $607,500. InvestingPro data shows the stock has delivered a 35% return year-to-date, with multiple additional insights available in the comprehensive Pro Research Report.

In other recent news, Galaxy Digital Inc. has made several significant announcements. The company has secured a $1.4 billion project financing facility to develop its Helios datacenter campus in West Texas. This facility will support the expansion of the campus for artificial intelligence and high-performance computing operations. Additionally, Galaxy Digital has partnered with Superstate to enable stockholders to tokenize and hold their shares on a blockchain, marking a first for SEC-registered equity.

In another development, Soluna Holdings has expanded its partnership with Galaxy Digital, leading to a 48 MW deployment at Soluna’s Project Kati 1 in Texas. This expansion will bring the project to its full capacity of 83 MW. Furthermore, Galaxy Digital has appointed Matt Friedrich as Chief Legal Officer, who will oversee global legal and compliance matters. Lastly, Galaxy Digital has entered into a strategic partnership with Mill City Ventures III, Ltd. to manage a $450 million SUI treasury, with Galaxy participating in the recent private placement that funded the treasury initiative.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.