Galaxy Digital Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 9, 2026, disclosing share counts, filer status, and key risk factors for its cryptocurrency and AI/HPC data center operations.

Key Highlights

  • Share count: As of November 6, 2026, Galaxy Digital reported 189,140,238 shares of Class A common stock and 196,596,698 shares of Class B common stock outstanding.
  • Filer classification: The company identified itself as a non-accelerated filer, not a smaller reporting company and not an emerging growth company.
  • Exchange listing: Class A Common Stock ($0.001 par value) trades on NASDAQ:GLXY under the name Galaxy Digital Inc.
  • AI/HPC risk flagged: The company disclosed that its strategy to expand into AI/HPC data centers "has resulted, and may continue to result in adverse consequences," including impairment charges tied to conversion of its Helios mining infrastructure and negative Adjusted EBITDA in recent periods.
  • Digital asset exposure: The filing states that a large portion of operating results depends on prices of digital assets and transaction volume, and that declines in either could adversely affect the business.
  • Commission file number: The registrant's Commission File Number is 001-42655.

Galaxy Digital's September 2026 Quarterly Disclosure: Operations, Risks, and Share Structure

Galaxy Digital Inc., headquartered at 300 Vesey Street, New York, NY 10282, submitted its quarterly report covering the period ended September 30, 2026. According to the filing, the company operates across cryptocurrency-related business lines as well as an AI/HPC data center segment, with its Class A Common Stock listed on NASDAQ:GLXY. The filing confirmed that as of November 6, 2026, Class A shares outstanding totaled 189,140,238 and Class B shares totaled 196,596,698.

The filing identifies several material risk factors. The company disclosed that "our business lines are nascent, unproven and subject to material legal, regulatory, operational, reputational, tax and other risks in every jurisdiction and are not assured to be profitable." It further noted that operating results "have and will continue to significantly fluctuate due to a variety of factors, including the highly volatile nature of cryptocurrency." A separate risk disclosure addressed the possibility that digital assets the company transacts in could be deemed "securities" under federal law, which the filing states "could adversely affect the value of that digital asset" and have regulatory consequences for the company.

Regarding the AI/HPC expansion, the filing stated that this strategy "has resulted, and may continue to result in adverse consequences to our business, financial condition and results of operations, including impairment charges recognized in connection with the conversion of our Helios mining infrastructure and negative Adjusted EBITDA in recent periods." The company also noted its AI/HPC data center business model depends on "establishing and maintaining a customer base that will generate a recurring stream of revenue." The filing contains forward-looking statements that the company cautions are subject to risks and uncertainties, with no obligation to update them except as required by law.

What Was Disclosed

Galaxy Digital Inc. filed a Form 10-Q for the quarter ended September 30, 2026, reporting its share counts, filer classifications, exchange listing, and a range of operational and regulatory risk factors related to its cryptocurrency and AI/HPC data center businesses.