Galaxy Digital ($GLXY) recently secured $1.15 billion via an exchangeable note at a 0.5% interest rate due 2031, with a conversion price of ~$55.76/share (37.5% premium to prior close). This, combined with a $360 million stock sale to Capital Group at $36, significantly bolsters their balance sheet. The capital provides $GLXY ample flexibility and firepower to execute its crypto and data center expansion strategy, especially after a recent sell-off in Bitcoin ($BTC) and AI stocks.