Galaxy Digital Inc. (GLXY) This fall 2025 Earnings AMA Name Transcript


Galaxy Digital Inc. (GLXY) This fall 2025 Earnings AMA Name February 12, 2026 1:30 PM EST

Firm Members

Michael Wursthorn – Head, Comms
Michael Novogratz – Founder, CEO & Director
Jonathan Goldowsky – Head of Investor Relations
Anthony Paquette – Chief Monetary Officer

Presentation

Michael Wursthorn

All proper. Sorry about that, guys. A little bit little bit of a technical problem, however we lastly received it going. I’m the Head of Comms right here at Galaxy, Mike Wursthorn. And I simply need to begin with a little bit little bit of a disclaimer earlier than we get going.

To start with, we’re actually excited to be internet hosting our newest quarterly X Areas following our This fall earnings. It is an important likelihood to attach with our retail traders and share extra of what we’re engaged on with Galaxy. And at present, I am right here joined by our CEO, Mike Novogratz; and our CFO, Tony Paquette. And as at all times, we’ll attempt to reply as many questions as we will. However as ordinary, there are some that we cannot have the ability to reply. So we cannot be addressing nonpublic financials or different info that may be inappropriate or

[Technical Difficulty]

Michael Novogratz
Founder, CEO & Director

All proper, guys, are you able to hear us? Sorry about this. The previous couple of occasions, we appeared to have gotten this factor proper. And this time, we’re putting out. I hope that does not say lots for the Bitcoin worth motion, which has additionally been fairly s*****. Pay attention, I’ll speak to you a little bit bit about my macro view to start out and a fast replace on Galaxy, after which we’ll divulge heart’s contents to Q&A.

This can be a bear market in crypto proper now. We’re beneath each shifting common. We had anticipated higher efficiency final 12 months with gold up. The Bitcoin narratives have been working, and we



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