$GLXY #GalaxyDigital's $1B senior notes offering is NOT immediate dilution! These exchangeable notes (due 2031) only convert to shares if stock hits 130% of conversion price, and
#GLXY can settle in cash. Funds repay 2026 debt & fuel AI data center growth. Retail selling off an 8% dip cause they don’t know what a “convertible debt” is lol. Remember a Strong balance sheet ($1.9B cash, $505M Q3 income) makes this accretive. Don’t panic, just read the terms!
#GLXY #Crypto #Investing @galaxyhq