Movement Alert|Galaxy Digital Rises 5.11% in Regular Trading, Strategic Investment in Digital Prime Technologies Boosts Market Confidence

Market Focus06-25 21:51

On June 25, Galaxy Digital rose 5.11% in regular trading, trading at $28.37/share, with turnover of $27.62 million. The rebound was driven by the company's announcement of a strategic investment in Digital Prime Technologies, aimed at deepening its institutional-grade digital asset lending business.

Through this investment, Galaxy Digital intends to expand crypto asset lending solutions for financial institutions, signaling continued confidence in growing institutional demand for digital asset services. The move reinforces the company's commitment to advancing industry infrastructure through capital and technology support.

The stock had previously declined over 10% across two consecutive trading days after on-chain data revealed BitMEX co-founder Arthur Hayes deposited 6,000 ETH, valued at approximately $10.14 million, into FalconX and Galaxy Digital — a move widely interpreted as a potential selling signal that weighed on market sentiment. As the market gradually digested this overhang, the strategic investment announcement provided a catalyst for a recovery bounce.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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