The Block· James Hunt·· 8d ago
Galaxy Digital Turns Profitable in Q3, Announces $200 Million Share Buyback
Original source: The BlockRead original
AI brief
Galaxy Digital reported a quarterly profit of $323 million in the third quarter, driven by higher trading volumes and increased lending activity. The company also received approval for a new $200 million share‑buyback program, signaling confidence in its financial performance and shareholder value. This move follows a period of losses and reflects a turnaround in its crypto‑asset and financial services operations.
Source: The Block · theblock.co
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