Galaxy Digital, a prominent firm in digital assets and data center infrastructure, has announced a $460 million strategic investment from one of the world’s largest asset management firms.

The investment package includes the acquisition of 9,027,778 shares directly from Galaxy and an additional 3,750,000 shares from its executive officers, including founder and CEO Mike Novogratz. All shares were purchased at a price of $36 per share.

The capital infusion is designated for general corporate purposes and the ongoing development of Galaxy’s Helios data center campus. The Helios project is on schedule to deliver 133 megawatts (MW) of critical IT load in its initial phase, with completion anticipated in the first half of 2026.

Galaxy Digital operates at the intersection of finance and technology, providing institutional access to a range of services including trading, advisory, asset management, staking, self-custody, and tokenisation solutions within the digital asset sector. Concurrently, the company develops and manages advanced data centers engineered to support artificial intelligence (AI) and high-performance computing (HPC) workloads.

Mike Novogratz, founder and CEO of Galaxy Digital, commented on the investment, stating, “Strengthening our balance sheet is essential to scaling Galaxy’s data center business efficiently while maintaining the financial flexibility to support future growth. Having one of the world’s largest and most sophisticated institutional investors make such a significant investment in our company will support our strategic vision and our ability to build leading businesses across digital assets and data centers.”