According to The Block, Galaxy Digital returned to profitability in its third quarter of 2026. The company reported a quarterly profit of $323 million, driven by increased trading volumes and higher lending activity. In addition, Galaxy announced that it has authorized a new share buyback program amounting to $200 million.
The return to profit follows earlier periods when the firm was not profitable. Growth in both trading volumes and lending contributed to the financial outcome. The newly authorized buyback represents a commitment to repurchase shares from the market under existing terms.
No details were provided regarding timing, conditions, or expected volume of shares to be bought back. The announcement does not include projections, estimates, or commentary on market impact. All information reflects the company’s disclosed statement at the time of reporting.
