Galaxy Digital scoops $306M in Solana after deal for crypto treasury
Galaxy Digital has purchased $1.55 billion worth of Solana in the past five days after joining a $1.65 billion private placement in a Solana treasury firm.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Galaxy Digital has purchased $1.55 billion worth of Solana in the past five days after joining a $1.65 billion private placement in a Solana treasury firm.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Congress proposes new bill to end crypto tax loophole worth $23.5 billion
Closing the crypto tax loophole could significantly increase government revenue and reshape the digital asset market's regulatory...
Digital-Asset Treasury Firms Chase AI Boom as Crypto Premiums Disappear
A growing number of digital-asset treasury companies are pivoting toward artificial intelligence after crypto losses crushed their...
Strategy Extends Its Bitcoin Buying Pause to Five Weeks, Sells $544.5 Million of Stock to Build Cash
Strategy has gone five consecutive weeks without purchasing bitcoin. Rather than buy, the company raised $544.5 million by selling...
Strategy hits a 5 week pause on Bitcoin, using $25M to quietly buy back its own discounted stock
Strategy (formerly MicroStrategy) has begun buying back its STRC preferred stock as the Bitcoin treasury company shifts more capit...
Securitize Wins SEC Adviser License Days After Peirce’s Vault Warning
Securitize Capital LLC, the asset management arm of tokenization platform Securitize, is now a fully registered investment adviser...
Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing Sentiment
Bitcoin Magazine Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing Sentiment Investors cashed out of Ame...