# Galaxy Digital Inc. (GLXY) — capital_raise/private_placement [pending]
Source: SEC API (secapi.ai) · situation sit_d0bebaaccf9d024d153e · retrieved 2026-08-11T15:49:18.634Z

## Overview
Galaxy Digital Inc. is a cryptocurrency and digital assets company that operates through subsidiaries including Galaxy Helios Data Centers, which develops and operates data center infrastructure.

Galaxy Helios Data Centers II LLC, an indirect wholly owned subsidiary of Galaxy Digital Inc., completed a private offering of $3,507,000,000 aggregate principal amount of 9.875% Senior Secured Notes due August 1, 2031 on July 28, 2026. The Notes were issued at 99.500% of principal amount and sold to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. The net proceeds will finance development and construction of two buildings containing eight data halls with 400 megawatts of utility capacity and 260 megawatts of critical IT capacity on a 260-acre property in Dickens County, Texas, and to fund debt service reserves. The Notes bear interest at 9.875% per annum, payable semi-annually on February 1 and August 1 beginning February 1, 2027, with principal amortization commencing on a semi-annual basis at least ten months after project completion.

## Terms
- Counterparty: Morgan Stanley & Co. LLC (initial purchasers representative) · Deal value: $3.51B · Consideration: cash

## Key dates
- Announced 2026-07-24 · Expected close 2026-07-28

## Timeline
- 2026-07-24 · 8-K (0001859392-26-000074): 8-K - Galaxy Digital Inc. — *Galaxy Digital Inc. is a global leader in digital assets and data center infrastructure, offering institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology, and developing and operating cutting-edge data center infrastructure to power AI and HPC workloads.* Galaxy Digital Inc.'s indirect wholly owned subsidiary, Galaxy Helios Data Centers II LLC, priced a $3.507 billion private offering of 9.875% senior secured notes due August 1, 2031. The notes will bear interest at 9.875% per annum payable semi-annually in cash on February 1 and August 1 of each year, beginning February 1, 2027, and will amortize at 4.00% per annum of the original principal amount. The offering is expected to close on July 28, 2026, subject to market and customary closing conditions. Net proceeds will finance a portion of the development and construction of two buildings containing eight data halls with a combined 400 megawatts of utility capacity and 260 megawatts of critical IT capacity in Dickens County, Texas, and to fund debt service reserves.
  https://www.sec.gov/Archives/edgar/data/1859392/0001859392-26-000074.txt
- 2026-07-28 · 8-K (0001859392-26-000079): 8-K - Galaxy Digital Inc. — *Galaxy Digital Inc. is a cryptocurrency and digital assets company that operates through subsidiaries including Galaxy Helios Data Centers, which develops and operates data center infrastructure.* Galaxy Helios Data Centers II LLC, an indirect wholly owned subsidiary of Galaxy Digital Inc., completed a private offering of $3,507,000,000 aggregate principal amount of 9.875% Senior Secured Notes due August 1, 2031 on July 28, 2026. The Notes were issued at 99.500% of principal amount and sold to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. The net proceeds will finance development and construction of two buildings containing eight data halls with 400 megawatts of utility capacity and 260 megawatts of critical IT capacity on a 260-acre property in Dickens County, Texas, and to fund debt service reserves. The Notes bear interest at 9.875% per annum, payable semi-annually on February 1 and August 1 beginning February 1, 2027, with principal amortization commencing on a semi-annual basis at least ten months after project completion.
  https://www.sec.gov/Archives/edgar/data/1859392/0001859392-26-000079.txt

## Citations
- 0001859392-26-000074 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000185939226000074
- 0001859392-26-000079 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000185939226000079