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Galaxy Digital (GLXY) registers 245,062,407 Class A shares for resale by holders

Reported by stocktitan
May 8, 2026· 2 min read
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Key Takeaways
  • • Galaxy Digital filed Prospectus Supplement No. 13 on May 8, 2026, registering 245,062,407 Class A shares for resale by existing stockholders under SEC Rule 424(b)(3), expanding on the original May 29, 2025 registration statement.
  • • The resale registration comprises 213,112,343 shares issuable upon conversion or exercise of other securities, plus additional shares held by selling stockholders, providing liquidity pathways for existing holders.
  • • The filing represents the 13th prospectus supplement filed since the original registration, with prior supplements dated between June 2025 and February 2026, indicating sustained capital market activity and shareholder liquidity events.
  • • Galaxy Digital's Class A common stock trades on both Nasdaq Global Select Market and Toronto Stock Exchange under the symbol "GLXY," providing dual-listing liquidity for both U.S. and Canadian investors.
  • • The registration filing is distinct from Galaxy's separate $500 million at-the-market (ATM) equity offering and a Form S-3 registration statement covering up to 265,061,636 shares for potential resale by existing holders.
Summary
Galaxy Digital Inc. filed Prospectus Supplement No. 13 on May 8, 2026, registering 245,062,407 Class A shares for resale by existing stockholders. The filing updates and supplements the original prospectus dated May 29, 2025, and incorporates Galaxy's Quarterly Report on Form 10-Q and Current Report on Form 8-K, both filed with the Securities and Exchange Commission on the same date.

The registered resale shares represent stock held by named selling stockholders under Galaxy's Form S-1 registration statement (No. 333-287605). According to the primary filing, the 245,062,407 shares include 213,112,343 shares issuable upon conversion or exercise of other securities held by the selling stockholders, creating multiple pathways for liquidity and share conversion.

This marks the 13th prospectus supplement to the original registration statement, with prior supplements issued consistently from June 2025 through February 2026. This cadence of supplemental filings reflects ongoing capital markets activity and periodic updates to facilitate shareholder liquidity events. Galaxy Digital's Class A common stock is listed on Nasdaq Global Select Market and Toronto Stock Exchange under the ticker "GLXY," enabling trading across both U.S. and Canadian markets.

The resale registration filing operates independently from Galaxy Digital's concurrent $500 million at-the-market (ATM) equity offering and a separate Form S-3 registration statement filed for the potential resale of up to 265,061,636 shares by existing holders. These parallel capital structures provide the company and its stakeholders with multiple mechanisms for equity capital access and liquidity management in the digital assets investment space.

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