GLXY.V - Galaxy Digital Holdings Ltd.

TSXV - TSXV Delayed Price. Currency in CAD
0.9100
+0.1400 (+18.18%)
At close: 3:42PM EDT
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Previous Close0.7700
Open0.7900
Bid0.8700 x 0
Ask0.8900 x 0
Day's Range0.7900 - 0.9400
52 Week Range0.5600 - 2.9100
Volume34,057
Avg. Volume179,946
Market Cap61.053M
Beta (5Y Monthly)-0.08
PE Ratio (TTM)N/A
EPS (TTM)-0.1250
Earnings DateNov. 25, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est7.10
  • Cryptocurrencies Index Flashes First Buy Signal in Three Months
    Bloomberg

    Cryptocurrencies Index Flashes First Buy Signal in Three Months

    (Bloomberg) -- After weeks of brutal selling, technical gauges are signaling potentially positive developments ahead for battered crypto assets.According to the GTI Vera Convergence Divergence Indicator, which measures up and down shifts, the Bloomberg Galaxy Crypto Index flashed its first buy signal in over three months. In addition, it ended the strongest selling trend since late July.Cryptocurrencies have been under pressure this year, selling off in tandem with traditional assets as investors try to price in the coronavirus outbreak that has shut down economies globally. In the meantime, arguments that digital currencies act as havens have lost steam, with Bitcoin declining more than 25% in March. The largest digital token is on pace for its third consecutive quarterly decline.Still, many investors remain bullish on digital assets as central banks around the world take unprecedented steps to shore up their economies. Billionaire investor Mike Novogratz of Galaxy Digital Holdings Ltd., for instance, said last week he’s used recent dips to buy Bitcoin.“Central banks continue to print money and route it through expensive networks of people and banks, further inflating debt. A decentralized currency and exchange like Bitcoin breaks this cycle of money leakages,” said Christel Quek, chief commercial officer and co-founder at Bolt Global. “I see cryptocurrencies emerging stronger after the pandemic settles.”Bitcoin fell 6.7% as of 10:40 a.m. in New York on Monday to trade around $6,346. Peer coins, including Litecoin and XRP, also increased. The Bloomberg Galaxy Crypto Index lost as much as 10% during the session.“Bitcoin is much more valuable than its current price, but it is still a relatively new asset class and technology,” said Don Wyper, chief operating officer at DigitalMint. “In the short term, volatility is still the name of the game.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Novogratz’s Buying Bitcoin After ‘Volaciraptor’ Ravaged Markets
    Bloomberg

    Novogratz’s Buying Bitcoin After ‘Volaciraptor’ Ravaged Markets

    (Bloomberg) -- Billionaire investor Mike Novogratz is using the recent Bitcoin slump as a buying opportunity.Bitcoin got “terrorized” during the latest bout of volatility that Novogratz dubbed “the volaciraptor,” a play on the name of the destructive dinosaurs associated with the Jurassic Park movies. The largest digital currency dropped from about $8,500 at the beginning of March to as low as $3,914 mid-month.“If there was ever a time -- debasement of fiat currencies, monetization of trillions of dollars of debt, this is the time for Bitcoin,” the chief executive officer of Galaxy Digital Holdings Ltd. said in a television interview with CNBC, adding that he might continue to buy dips in gold and Bitcoin today.Novogratz has been bullish on the digital token for years, predicting on Tuesday that it will rally this year. It was designed to be an alternative when central banks have “run amok,” he said. Global central banks have taken unprecedented steps in recent weeks to shore up economies as the spreading coronavirus dents growth.“It needs to rally this year,” he said. “If at the end of the year Bitcoin’s not a lot higher, I’m going to scratch my head and say, ‘Look, what the heck is going on?”’That’s comforting comments for crypto evangelists who watched Bitcoin lose more than 20% of its value this month, falling in tandem with equities in one of the darkest stretches for financial markets in decades. Theories that cryptocurrencies act as a place of shelter during turmoil diminished during that time, with many analysts now arguing the token can’t be referred to as a safe-haven.“It could be very likely that traditional investors are seeking to regain liquidity though profit hunting from crypto assets as equities are negative worldwide,” said Christel Quek, chief commercial officer and co-founder at Bolt Global.Bitcoin rose 2.2% as of 11:31 a.m. in New York Tuesday to trade around $6,556. Peer coins, including Litecoin and XRP also gained.At least one technical indicator -- which many analysts rely on in the crypto world due to lack of fundamentals -- is showing promising signs. With Bitcoin hovering above $6,000 this week, the GTI VERA Convergence Divergence Indicator, which measures up and down shifts, flashed a buy signal.Bitcoin exhibited a similar pattern recently when it lost about $3,500 between October and November. It then rocketed to $10,400 in early February.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Galaxy Digital Capital Management: February 2020 Month End AUM
    CNW Group

    Galaxy Digital Capital Management: February 2020 Month End AUM

    Galaxy Digital Capital Management: February 2020 Month End AUM

  • Galaxy Digital Capital Management: January 2020 Month End AUM
    CNW Group

    Galaxy Digital Capital Management: January 2020 Month End AUM

    NEW YORK , Feb. 21, 2020 /CNW/ - Galaxy Digital Holdings Ltd. (TSXV: GLXY) announced that its affiliate, Galaxy Digital Capital Management LP ("GDCM") reported preliminary assets under management ...

  • Galaxy Digital Capital Management: December 2019 Month End AUM
    CNW Group

    Galaxy Digital Capital Management: December 2019 Month End AUM

    Galaxy Digital Capital Management: December 2019 Month End AUM

  • Galaxy Digital Serves as Joint Bookrunner on Canaan Inc.'s Initial Public Offering
    CNW Group

    Galaxy Digital Serves as Joint Bookrunner on Canaan Inc.'s Initial Public Offering

    NEW YORK , Dec. 10, 2019 /CNW/ - Galaxy Digital Holdings Ltd. (TSXV: GLXY) ("Galaxy Digital" or the "Company") today announced that Galaxy Digital Advisors LLC served as joint bookrunner ...

  • Galaxy Digital Announces Third Quarter 2019 Financial Results and Provides Corporate Updates
    CNW Group

    Galaxy Digital Announces Third Quarter 2019 Financial Results and Provides Corporate Updates

    Galaxy Digital Announces Third Quarter 2019 Financial Results and Provides Corporate Updates

  • CNW Group

    Galaxy Digital to Host a Shareholder Update Conference Call with Live Q&A on Tuesday, November 26, 2019 at 9:00AM Eastern Time

    Galaxy Digital to Host a Shareholder Update Conference Call with Live Q&A on Tuesday, November 26, 2019 at 9:00AM Eastern Time

  • CNW Group

    Galaxy Digital Launches Bitcoin Funds

    NEW YORK, Nov. 19, 2019 /CNW/ - Galaxy Digital Holdings Ltd. (TSXV:GLXY.V - News) announced that its affiliate, Galaxy Digital Capital Management LP, launched the Galaxy Bitcoin Fund and the Galaxy Institutional Bitcoin Fund. Both funds are passively managed vehicles that offer institutional and accredited investors low-fee, institutionally wrapped bitcoin exposure supported by vetted service providers. The Galaxy Bitcoin Fund requires a $25,000 minimum investment and has quarterly liquidity, whereas the Galaxy Institutional Bitcoin Fund has weekly liquidity and requires a higher minimum investment.

  • Galaxy Digital Serves as Co-Manager of Silvergate's Initial Public Offering
    CNW Group

    Galaxy Digital Serves as Co-Manager of Silvergate's Initial Public Offering

    NEW YORK , Nov. 12, 2019 /CNW/ - Galaxy Digital Holdings Ltd. (TSXV: GLXY; Frankfurt : 7LX) ("Galaxy Digital" or the "Company") today announced that Galaxy Digital Advisors LLC served ...

  • Galaxy Digital Capital Management: October 2019 Month End AUM
    CNW Group

    Galaxy Digital Capital Management: October 2019 Month End AUM

    All figures are in U.S. Dollars unless otherwise noted. NEW YORK , Nov. 12, 2019 /CNW/ - Galaxy Digital Holdings Ltd. (TSXV: GLXY; Frankfurt: 7LX) announced that its affiliate, Galaxy Digital Capital Management ...

  • Galaxy Digital Capital Management: September 2019 Month End AUM
    CNW Group

    Galaxy Digital Capital Management: September 2019 Month End AUM

    NEW YORK , Oct. 10, 2019 /CNW/ - Galaxy Digital Holdings Ltd. (TSXV: GLXY; Frankfurt : 7LX) announced that its affiliate, Galaxy Digital Capital Management LP ("GDCM") reported preliminary assets ...

  • Galaxy Digital Holdings Ltd. (CVE:GLXY) Insiders Increased Their Holdings
    Simply Wall St.

    Galaxy Digital Holdings Ltd. (CVE:GLXY) Insiders Increased Their Holdings

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

  • Galaxy Digital Announces Appointment of New CFO
    CNW Group

    Galaxy Digital Announces Appointment of New CFO

    Frankfurt: 7LX) ("Galaxy Digital" or the "Company") announced that it has appointed Ashwin Prithipaul as its new Chief Financial Officer, effective today. Mr. Prithipaul is taking over the role from Donna Milia, who is assuming the role of senior advisor at the Company. Prior to his appointment as CFO, Prithipaul has been the Chief Accounting Officer at Galaxy Digital since August 2018.

  • Galaxy Digital Capital Management: August 2019 Month End AUM
    CNW Group

    Galaxy Digital Capital Management: August 2019 Month End AUM

    All figures are in U.S. Dollars unless otherwise noted. NEW YORK , Sept. 13, 2019 /CNW/ - Galaxy Digital Holdings Ltd. (TSXV: GLXY; Frankfurt: 7LX) announced that its affiliate, Galaxy Digital Capital ...

  • Thomson Reuters StreetEvents

    Edited Transcript of GLXY.V earnings conference call or presentation 28-Aug-19 1:00pm GMT

    Q2 2019 Galaxy Digital Holdings Ltd Earnings Call