Galaxy Digital earnings exceeded third-quarter estimates, helped in part by bitcoin’s gains during the period. The company also announced a new $200 million share buyback authorization after completing its previous program.

Galaxy Digital earnings and share buybacks

Treasury and corporate profit was $419 million in the third quarter of 2026, compared with a $42 million loss in the preceding quarter. Galaxy said it had bought back about 9.8 million shares so far this year.

Shares rose 4.5% in pre-market trading on October 27 but remained more than 30% lower over the preceding month. The pre-market move was not a closing result.

Helios construction and tenant talks

Galaxy said Phase II of its Helios I data center project is fully financed, under construction and progressing on schedule.

The company also said discussions with prospective tenants continue for an additional 830 megawatts of capacity at Helios II. Galaxy described market conditions for those discussions as increasingly favorable.

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