---
schema_version: "secwatch.filing_event.v1"
accession: "0001859392-26-000079"
form_type: "8-K"
ticker: "GLXY"
cik: "0001859392"
company_name: "Galaxy Digital Inc."
filed_at: "2026-07-28T20:56:58+00:00"
generated_at: "2026-07-28T20:58:06.123845+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Galaxy Digital subsidiary issues $3.5B of 9.875% senior secured notes due 2031 for data center project

## Summary
- Issuer Galaxy Helios Data Centers II LLC sold $3.507B aggregate principal of 9.875% Senior Secured Notes due 2031 at 99.5% of par.
- Net proceeds to finance development of two data center buildings with 400 MW utility capacity and 260 MW critical IT capacity in Dickens County, Texas.
- Notes mature August 1, 2031; interest payable semi-annually starting Feb 1, 2027; principal amortizes semi-annually after project completion.
- Galaxy Digital Holdings LP provides uncapped completion guarantee for the project to ensure funds for delivery to tenant CoreWeave.
- Indenture includes customary covenants and events of default; redemption provisions include make-whole premium and change of control repurchase at 101%.

## SEC filing metadata
- accession: 0001859392-26-000079
- form_type: 8-K
- ticker: GLXY
- cik: 0001859392
- company_name: Galaxy Digital Inc.
- filed_at: 2026-07-28T20:56:58+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1859392/000185939226000079/0001859392-26-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859392/000185939226000079/glxy-20260728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001859392-26-000079
- JSON: https://secwatch.observer/filing/0001859392-26-000079.json
- Plain text: https://secwatch.observer/filing/0001859392-26-000079.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.