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Galaxy Digital GLXY Acquisitions

Acquisitions at other companies

Equinix, Inc. logo
Equinix, Inc.EQIX
$69M
Coinbase Global, Inc. logo
Coinbase Global, Inc.COIN
$22.09M+32.4%
Blackrock logo
BlackrockBLK
$15M-99.5%
Circle Internet Group logo
Circle Internet GroupCRCL
$0-100%
TeraWulf logo
TeraWulfWULF
-$201.35M-7,473%
Asset Entities logo
Asset EntitiesASST
$3.51M

Other financials

Income statement

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Revenue$8.6B-1.2%
Net income-$85.3M-378%
EPS (diluted)-$0.09-212%

Balance sheet

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Cash & equivalents$895.7M+29.6%
Total debt$2.8B+287%
Total equity$1.8B+21.0%
Total assets$10.8B+19.3%

Cash flow

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Operating cash flow$372.0M+119%
CapEx$398.8M+30.8%
Free cash flow-$26.8M+80.1%

Valuation

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Market cap$3.93B-20.0%
Enterprise value$5.87B+18.6%
P/S0.1×0.0×

Profitability

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Net margin-0.5%+0.1pp
FCF margin-3.3%

Returns & leverage

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Return on equity-16.7%
Debt / equity1.6×+1.1×
Current ratio1.5×+0.2×

Where this comes from

Reported directly by Galaxy Digital in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesGross.

The source filing: Galaxy Digital’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 5:24 PM EST
Fiscal year
FY2025
Accession
0001859392-26-000016
Line itemFor the years ended / December 31, 2025For the years ended / December 31, 2024For the years ended / December 31, 2023
Proceeds from repayments and maturities of loans receivable554,421200,67966,706
Origination of loans receivable(650,945)(279,146)(279,813)
Purchase of property, equipment and intangible assets(1,192,534)(59,025)(45,613)
Acquisitions, net of cash received(7,782)(5,115)(43,893)
Disposal of property and equipment11,3462,954653
Purchase of investments(2,647,019)(3,260,043)(192,330)
Proceeds and distributions from investments2,641,9342,878,067209,508
Net cash provided by / (used in) investing activities(1,290,579)(521,629)(284,782)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Galaxy Digital's acquisitions?
Galaxy Digital (GLXY) reported acquisitions of $6.78M in Q4 2025.
How has Galaxy Digital's acquisitions changed year-over-year?
Galaxy Digital's acquisitions increased by 126.7% year-over-year, from $2.99M to $6.78M.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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