Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Galaxy Digital Holdings Ltd T.GLXY

Alternate Symbol(s):  BRPHF

Galaxy Digital Holdings Ltd. is a digital asset and blockchain company. The Company provides institutions, startups, and qualified individuals access to the crypto economy. Its full suite of financial services is custom-made for a digitally native ecosystem, providing multiple business lines: trading, asset management, investment banking, mining, and ventures. Its trading business, Galaxy Trading, provides spot and derivative executions, as well as liquidity to institutional clients, counterparties and venues that transact in cryptocurrencies and other digital assets. Its asset management business, Galaxy Asset Management, manages capital on behalf of third parties in exchange for management fees and performance-based compensation. Its investment banking business, Galaxy Investment Banking, offers financial and strategic advisory services for the digital asset, cryptocurrency and blockchain technology sectors. The Company operates various offices across North America, Europe and Asia.


TSX:GLXY - Post by User

Post by GalaxyThunder1on May 26, 2021 11:23pm
158 Views
Post# 33273552

Wildfury, you looking at the wrong number

Wildfury, you looking at the wrong numberSome websites show public float like 300 million shares or more..

Public float can NEVER be BIGGER than shares outstanding..

After Galaxy buying Bitgo for $1.2 billion >> Galaxy offered $265 million cash and issueing 33.8 million new shares... you probably looking at a total of around 125 million shares outstanding, there's no major dilution at all in this Bitgo deal.  Let's not forget Galaxy gets $40 billion in assets under Custody, having a large customer base is definitely a win win situation for Galaxy.



<< Previous
Bullboard Posts
Next >>