{"url_path":"/sec/glxy/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-08","source_url":"https://www.sec.gov/Archives/edgar/data/1859392/0001859392-26-000054-index.html","accession_number":"0001859392-26-000054","cik":"0001859392","ticker":"GLXY","issuer_name":"Galaxy Digital Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1859392/0001859392-26-000054-index.html","primary_entity_key":"0001859392","primary_entity_name":"Galaxy Digital Inc."},"word_count":361,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities\n\nPurchase of Equity Securities by the Issuer\n\nIn February 2026, our board of directors approved a new share repurchase program, pursuant to which we announced our intention to purchase up to $200.0 million of our outstanding shares of Class A common stock. Under the Share Repurchase Program, we may repurchase shares from time to time using a variety of methods, through open market purchases, pre-paid puts or privately negotiated transactions, including through Rule 10b5-1 plans, in compliance with the rules of the SEC and other applicable legal requirements. The timing, manner, price, and amount of any repurchases will be determined by the Company at its discretion and will depend upon business, economic and market conditions, corporate, legal and regulatory requirements, prevailing stock prices, and other considerations. The Share Repurchase Program has a term of 12 months, may be suspended, discontinued at any time, and does not obligate us to acquire any amount of Class A common stock.\n\nThe following table provides share repurchase activity during the three months ended March 31, 2026:\n\nPeriod\n\nTotal number of shares purchased (in thousands)(1)\n\nAverage price paid per share(2)\n\nTotal number of shares purchased as part of publicly announced plans or programs (in thousands)(1)\n\nApproximate dollar value of shares that may yet be purchased under the plans or programs (in thousands)(1)\n\nJanuary 1, 2026 - January 31, 2026\n— $— — $200,000 \n\nFebruary 1, 2026 - February 28, 2026\n2,55720.802,557146,814\n\nMarch 1, 2026 - March 31, 2026\n40918.63409139,192\n\nTotal\n2,96620.502,966139,192\n\n(1) Represents repurchases and/or remaining amounts under the Share Repurchase Program.\n\n(2) Average price paid per share excludes any broker commissions and other costs of execution, including excise taxes.\n\nUnregistered Sales of Equity Securities\n\nIn March 2026, we issued 64,432 shares of Class A common stock to the seller under an acquisition agreement entered into in 2024 based on the achievement of specified milestones. The shares were issued in reliance on the exemption from\n\n132\n\n[Table of Contents](#ie5c7b2862ceb4dc7bcac0d38e4ed7294_7)\n\nregistration contained in Section 4(a)(2) of the Securities Act as a privately negotiated transaction not involving any public offer or solicitation."}