Galaxy CEO: Share price is disconnected from the company's value; increasing holdings starting today.

Galaxy Digital CEO Mike Novogratz said GLXY shares are significantly disconnected from his view of the company’s value and that he will begin buying more stock immediately, calling it a major bet on the firm. He acknowledged pressure from the U.S. Democratic “blue wave” but argued politics should be separated from long-term fundamentals, citing the migration of finance on-chain and AI-driven demand as generational shifts. Novogratz also said Galaxy delivered phase one of its Helios project in Texas as planned, with 800 megawatts of capacity leased through long-term contracts. The comments matter because insider buying can signal management conviction and because Helios anchors Galaxy’s infrastructure and AI/hosting exposure. Watch for further insider purchases, GLXY share performance versus Novogratz’s value claim, and Helios leasing and expansion progress with local officials and the incoming administration.