Galaxy Digital Inc. filed a Form 10-Q with the U.S. Securities and Exchange Commission on August 10, 2026, covering the quarterly period ended June 30, 2026, and reporting share counts as of August 7, 2026.

Key Highlights

  • Share counts as of August 7, 2026: 194,292,392 shares of Class A common stock and 196,596,698 shares of Class B common stock were outstanding, according to the filing.
  • Exchange listing: Class A Common Stock, $0.001 par value, trades under the symbol GLXY on The Nasdaq Stock Market LLC.
  • Filer status: The company is classified as a non-accelerated filer and is not a smaller reporting company or an emerging growth company.
  • AI/HPC expansion risk: The company disclosed that its strategy to expand into the AI/HPC data center business "has resulted, and may continue to result in adverse consequences," including impairment charges from conversion of its Helios mining infrastructure and negative Adjusted EBITDA in recent periods.
  • Digital asset risk: The filing states that operating results "are dependent on the prices of digital assets and volume of transactions," and that declines in either could adversely affect the business.
  • Limited operating history noted: The company disclosed that its "business lines are nascent, unproven and subject to material legal, regulatory, operational, reputational, tax and other risks in every jurisdiction."

Galaxy Digital's Q2 2026 Filing: Key Disclosures on Operations and Risk Factors

Galaxy Digital Inc. (NASDAQ: GLXY), incorporated in Delaware and headquartered at 300 Vesey Street, New York, NY 10282, filed its quarterly report for the period ended June 30, 2026. The filing carries Commission file number 001-42655. As of August 7, 2026, the company reported 194,292,392 shares of Class A common stock outstanding and 196,596,698 shares of Class B common stock outstanding, according to the filing.

The filing outlines several risk factors the company considers significant. On its digital asset operations, the company disclosed that results "have and will continue to significantly fluctuate due to a variety of factors, including the highly volatile nature of cryptocurrency." The company also flagged that a regulatory determination classifying a digital asset it transacts in as a "security" could have adverse consequences for its business, financial condition, results of operations, and the market price of its Class A common stock.

Regarding its AI/HPC data center business, the company disclosed that the expansion strategy has already produced adverse consequences, including impairment charges related to conversion of its Helios mining infrastructure and negative Adjusted EBITDA in recent periods. The filing further noted that this business model depends on "establishing and maintaining a customer base that will generate a recurring stream of revenue," and that failure to maintain or grow that revenue stream may adversely affect operating results. The company's forward-looking statements, as noted in the filing, are subject to risks and uncertainties described in the Risk Factors section and are the company's own characterizations subject to its cautionary language.

What Was Disclosed

Galaxy Digital Inc. filed a 10-Q for the quarter ended June 30, 2026, disclosing share counts as of August 7, 2026, its Nasdaq listing under GLXY, its non-accelerated filer status, and a range of operational and regulatory risk factors tied to digital assets and its AI/HPC data center expansion.