Galaxy Digital Shares Rise Following $323M Q3 Profit, New $200M Buyback Plan

Crypto Insight Summary: Galaxy Digital returned to profitability in the third quarter of 2026, reporting $323 million in net income as gains from its investment portfolio and rapid growth in its AI data center business helped offset continued losses in its core digital assets division. Shares were up on Tuesday following the announcement. The Mike Novogratz-led cryptocurrency investment […] Crypto Insight Analysis: Direction: Bullish GT Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Profitability and buyback boost investor confidence in Galaxy Digital.