Galaxy Digital stock falls 4.75 percent as treasury expands
Published on 09/23/2026 at 21:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Galaxy Digital stock (ISIN US36317J2096) was trading at USD 25.88 on Nasdaq on September 23, 2026, down 4.75 percent from the previous close. The company added USD 100 million of sUSDS to its corporate treasury and approved the token as collateral across its institutional trading business, as Investing.com reported on September 23, 2026.
Galaxy adds USD 100 million
The treasury move gives Galaxy Digital another use for sUSDS beyond simply holding the asset. Clients posting the token against loans continue accruing the Sky Savings Rate on the full collateral position, according to Investing.com.
The operating scale is also material. Galaxy serves more than 1,600 trading counterparties and maintains an average loan book of USD 1.4 billion, figures cited in the same September 23, 2026 report.
Q2 revenue reaches USD 8.71 billion
Galaxy Digital reported USD 8.71 billion of revenue for the second quarter of 2026 and a quarterly loss of USD 0.09 per share, according to MarketBeat. The loss was USD 0.27 narrower than the USD 0.36 consensus estimate, creating a clearer comparison than the headline revenue figure alone.
That result matters because Galaxy combines transaction-driven digital asset revenue with balance-sheet exposure to crypto prices. For investors, the key tension is visible in the data: quarterly revenue reached billions of dollars, while earnings per share remained negative.
Stock trades below yearly high
At USD 25.88 on September 23, 2026, Galaxy Digital stock stood 43.65 percent below its 52-week high of USD 45.92 and 57.52 percent above its 52-week low of USD 16.43. The market capitalization was USD 8,584,060,828 on the same date.
The price reaction puts the treasury announcement and the Q2 comparison into sharper context. Galaxy Digital is expanding the range of assets used in its lending activity while its share price remains materially closer to the yearly low than the yearly high.
Galaxy Digital stock facts
- Company: Galaxy Digital Inc.
- ISIN: US36317J2096
- Ticker: GLXY
- Trading venue: NASDAQ
- Price as of September 23, 2026, 3:56 p.m. ET: USD 25.88
- Market capitalization: USD 8,584,060,828 as of September 23, 2026
- 52-week range: USD 16.43-45.92 as of September 23, 2026
- Sector / Industry: Financial Services / Financial - Capital Markets
