Galaxy Digital Capital Management GP LLC

NEW YORK, NY · CIK 2118292 · 13F filing filed 2026-03-24

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$65.4m reported value -52.2% vs Q4 2024

28positions

65.2%in top 10

7 new 3 added 18 reduced 6 sold out vs Q4 2024

Options: 2 call positions ($1.8m notional), 9 put positions ($21.0m notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

Galaxy Group Investments LLC – files its own report too; $9.4m of shares are in both

Shares in two reports are counted once in each security's totals.

Holdings, Q1 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	CORE SCIENTIFIC INC NEW COM CORZ	CORZ	1,140,915	$8.3m12.63%	12.63%	New
2	MICRON TECHNOLOGY INC COM MU	MU	70,548	$6.1m9.37%	9.37%	Added +8.4k	+8,410 13.5%
3	CIPHER MINING INC COM CIFR	CIFR	2,568,624	$5.9m9.03%	9.03%	Reduced -1.2m	-1,171,661 -31.3%
4	RIOT PLATFORMS INC COM RIOT	RIOT	774,806	$5.5m8.43%	8.43%	Reduced -1.1m	-1,103,121 -58.7%
5	COINBASE GLOBAL INC COM CL A COIN	COIN	23,938	$4.1m6.30%	6.30%	Added +4.1k	+4,080 20.6%
6	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	17,616	$2.9m4.47%	4.47%	Reduced -15.3k	-15,316 -46.5%
7	CLEANSPARK INC COM NEW CLSK	CLSK	405,552	$2.7m4.17%	4.17%	Reduced -236.7k	-236,746 -36.9%
8	ROBINHOOD MKTS INC COM CL A HOOD	HOOD	60,575	$2.5m3.85%	3.85%	Reduced -68.9k	-68,910 -53.2%
9	BLACKROCK INC COM BLK	BLK	2,428	$2.3m3.51%	3.51%	Added +776	+776 47.0%
10	BLOCK INC CL A XYZ	XYZ	41,228	$2.2m3.42%	3.42%	Reduced -10.2k	-10,208 -19.9%
11	IREN LIMITED ORDINARY SHARES IREN	IREN	348,959	$2.1m3.25%	3.25%	New
12	VERTIV HOLDINGS CO COM CL A VRT	VRT	29,369	$2.1m3.24%	3.24%	Reduced -10.2k	-10,235 -25.8%
13	BITFARMS LTD COM BITF	BITF	2,660,123	$2.1m3.20%	3.20%	New
14	MORGAN STANLEY COM NEW MS	MS	14,389	$1.7m2.57%	2.57%	Reduced -12.3k	-12,288 -46.1%
15	VISA INC COM CL A V	V	4,473	$1.6m2.40%	2.40%	Reduced -7.6k	-7,575 -62.9%
16	COHERENT CORP COM COHR	COHR	23,634	$1.5m2.35%	2.35%	Reduced -20.8k	-20,814 -46.8%
17	MASTERCARD INCORPORATED CL A MA	MA	2,711	$1.5m2.27%	2.27%	Reduced -3.4k	-3,361 -55.4%
18	HUT 8 CORP COM HUT	HUT	125,112	$1.5m2.22%	2.22%	New
19	JPMORGAN CHASE & CO COM JPM	JPM	5,749	$1.4m2.16%	2.16%	Reduced -10.1k	-10,116 -63.8%
20	ADVANCED MICRO DEVICES INC COM AMD	AMD	12,189	$1.3m1.91%	1.91%	Reduced -10.8k	-10,753 -46.9%
21	WESTERN DIGITAL CORP COM WDC	WDC	29,187	$1.2m1.80%	1.80%	Reduced -25.8k	-25,844 -47.0%
22	APPLIED DIGITAL CORP COM NEW APLD	APLD	175,155	$984.4k1.50%	1.50%	New
23	ONTO INNOVATION INC COM ONTO	ONTO	7,961	$966.0k1.48%	1.48%	Reduced -6.7k	-6,720 -45.8%
24	META PLATFORMS INC CL A META	META	1,310	$755.0k1.15%	1.15%	Reduced -1.3k	-1,271 -49.2%
25	LAM RESEARCH CORP COM NEW LRCX	LRCX	10,245	$744.8k1.14%	1.14%	New
26	ALPHABET INC CAP STK CL A GOOGL	GOOGL	3,333	$515.4k0.79%	0.79%	Reduced -2.8k	-2,764 -45.3%
27	SANDISK CORP COM SNDK	SNDK	9,735	$463.5k0.71%	0.71%	New
28	ISHARES ETHEREUM TR SHS ETHA	ETHA	31,790	$439.3k0.67%	0.67%	Reduced -115.2k	-115,169 -78.4%

Sold out since Q4 2024

Security	Ticker	Shares held before	Value then
MICROSTRATEGY INC MSTR	MSTR	45,434	$13.2m45.4k shares
TERAWULF INC WULF	WULF	1,404,015	$7.9m1.4m shares
NVIDIA CORPORATION NVDA	NVDA	30,148	$4.0m30.1k shares
INTEL CORP INTC	INTC	115,858	$2.3m115.9k shares
CME GROUP INC CME	CME	6,099	$1.4m6.1k shares
NRG ENERGY INC NRG	NRG	2,312	$208.6k2.3k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
INVESCO QQQ TR QQQ · Put	QQQ	Put	20,600	$9.7m20.6k shares	New
PROSHARES TR BITO · Put	BITO	Put	145,800	$2.7m145.8k shares	New
MARA HOLDINGS INC MARA · Put	MARA	Put	161,000	$1.9m161.0k shares	New
APPLE INC AAPL · Put	AAPL	Put	7,600	$1.7m7.6k shares	New
ALIBABA GROUP HLDG LTD BABA · Put	BABA	Put	9,900	$1.3m9.9k shares	New
ADVANCED MICRO DEVICES INC AMD · Put	AMD	Put	10,800	$1.1m10.8k shares	Reduced
INTERACTIVE BROKERS GROUP IN IBKR · Put	IBKR	Put	6,300	$1.0m6.3k shares	New
NXP SEMICONDUCTORS N V NXPI · Put	NXPI	Put	5,400	$1.0m5.4k shares	New
ISHARES BITCOIN TRUST ETF IBIT · Call	IBIT	Call	21,000	$983.0k21.0k shares	New
KRANESHARES TRUST KWEB · Call	KWEB	Call	22,300	$778.5k22.3k shares	New
META PLATFORMS INC META · Put	META	Put	1,100	$634.0k1.1k shares	Reduced