Galaxy Digital approved a 12-month share buyback program to repurchase up to $200 million of its Class A common shares, Cointelegraph reported on Feb. 6 local time.

The buyback will be carried out in the open market or through privately negotiated transactions. It will follow a 10b5-1 trading plan to comply with securities laws and exchange rules. Galaxy is not obligated to repurchase a specific amount, and the program may be suspended at any time. If conducted on the Toronto Stock Exchange, the program must go through regulatory approval. On Nasdaq, the cap is 5 percent of Galaxy's outstanding shares.

Galaxy Digital is listed on Nasdaq and the Toronto Stock Exchange and operates digital asset trading, asset management, staking, custody and data center infrastructure. Chief Executive Mike Novogratz (마이크 노보그라츠) said, "The company is entering 2026 based on a strong financial position."

The announcement came 3 days after Galaxy posted a net loss of $482 million for the fourth quarter of 2025 and an annual loss of $241 million. The weak results were attributed to a drop in digital asset prices and a one-time cost of $1.6 billion.