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.

$80.0m reported value +22.3% vs Q1 2025

24positions

69.8%in top 10

2 new 8 added 14 reduced 6 sold out vs Q1 2025

Options: 0 call positions (— notional), 17 put positions ($41.1m 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; $12.7m of shares are in both

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

Holdings, Q2 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	939,333	$16.0m20.04%	20.04%	Reduced -201.6k	-201,582 -17.7%
2	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	168,152	$10.3m12.86%	12.86%	New
3	IREN LIMITED ORDINARY SHARES IREN	IREN	405,974	$5.9m7.39%	7.39%	Added +57.0k	+57,015 16.3%
4	RIOT PLATFORMS INC COM RIOT	RIOT	439,779	$5.0m6.21%	6.21%	Reduced -335.0k	-335,027 -43.2%
5	ROBINHOOD MKTS INC COM CL A HOOD	HOOD	41,570	$3.9m4.86%	4.86%	Reduced -19.0k	-19,005 -31.4%
6	CIPHER MINING INC COM CIFR	CIFR	688,076	$3.3m4.11%	4.11%	Reduced -1.9m	-1,880,548 -73.2%
7	JPMORGAN CHASE & CO COM JPM	JPM	10,383	$3.0m3.76%	3.76%	Added +4.6k	+4,634 80.6%
8	VERTIV HOLDINGS CO COM CL A VRT	VRT	22,784	$2.9m3.66%	3.66%	Reduced -6.6k	-6,585 -22.4%
9	ALPHABET INC CAP STK CL A GOOGL	GOOGL	16,143	$2.8m3.56%	3.56%	Added +12.8k	+12,810 384.3%
10	MASTERCARD INCORPORATED CL A MA	MA	4,717	$2.7m3.31%	3.31%	Added +2.0k	+2,006 74.0%
11	VISA INC COM CL A V	V	7,420	$2.6m3.29%	3.29%	Added +2.9k	+2,947 65.9%
12	BITFARMS LTD COM BITF	BITF	3,030,350	$2.5m3.18%	3.18%	Added +370.2k	+370,227 13.9%
13	ETORO GROUP LTD SHS CL A ETOR	ETOR	32,499	$2.2m2.70%	2.70%	New
14	MORGAN STANLEY COM NEW MS	MS	15,010	$2.1m2.64%	2.64%	Added +621	+621 4.3%
15	COHERENT CORP COM COHR	COHR	23,623	$2.1m2.63%	2.63%	Reduced -11	-11 -0.1%
16	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	8,992	$2.0m2.55%	2.55%	Reduced -8.6k	-8,624 -49.0%
17	CLEANSPARK INC COM NEW CLSK	CLSK	172,759	$1.9m2.38%	2.38%	Reduced -232.8k	-232,793 -57.4%
18	BLACKROCK INC COM BLK	BLK	1,701	$1.8m2.23%	2.23%	Reduced -727	-727 -29.9%
19	WESTERN DIGITAL CORP COM WDC	WDC	26,830	$1.7m2.15%	2.15%	Reduced -2.4k	-2,357 -8.1%
20	COINBASE GLOBAL INC COM CL A COIN	COIN	4,649	$1.6m2.04%	2.04%	Reduced -19.3k	-19,289 -80.6%
21	LAM RESEARCH CORP COM NEW LRCX	LRCX	10,454	$1.0m1.27%	1.27%	Added +209	+209 2.0%
22	META PLATFORMS INC CL A META	META	1,293	$954.4k1.19%	1.19%	Reduced -17	-17 -1.3%
23	ONTO INNOVATION INC COM ONTO	ONTO	7,927	$800.1k1.00%	1.00%	Reduced -34	-34 -0.4%
24	BLOCK INC CL A XYZ	XYZ	11,422	$775.9k0.97%	0.97%	Reduced -29.8k	-29,806 -72.3%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
MICRON TECHNOLOGY INC MU	MU	70,548	$6.1m70.5k shares
HUT 8 CORP HUT	HUT	125,112	$1.5m125.1k shares
ADVANCED MICRO DEVICES INC AMD	AMD	12,189	$1.3m12.2k shares
APPLIED DIGITAL CORP APLD	APLD	175,155	$984.4k175.2k shares
SANDISK CORP SNDK	SNDK	9,735	$463.5k9.7k shares
ISHARES ETHEREUM TR ETHA	ETHA	31,790	$439.3k31.8k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
CORE SCIENTIFIC INC NEW CORZ · Put	CORZ	Put	541,700	$9.2m541.7k shares	New
IREN LIMITED IREN · Put	IREN	Put	343,500	$5.0m343.5k shares	New
RIOT PLATFORMS INC RIOT · Put	RIOT	Put	271,000	$3.1m271.0k shares	New
ROBINHOOD MKTS INC HOOD · Put	HOOD	Put	30,800	$2.9m30.8k shares	New
JPMORGAN CHASE & CO JPM · Put	JPM	Put	9,100	$2.6m9.1k shares	New
VERTIV HOLDINGS CO VRT · Put	VRT	Put	19,700	$2.5m19.7k shares	New
MORGAN STANLEY MS · Put	MS	Put	13,200	$1.9m13.2k shares	New
ETORO GROUP LTD ETOR · Put	ETOR	Put	27,900	$1.9m27.9k shares	New
COHERENT CORP COHR · Put	COHR	Put	20,300	$1.8m20.3k shares	New
TAIWAN SEMICONDUCTOR MFG LTD TSM · Put	TSM	Put	7,700	$1.7m7.7k shares	New
CLEANSPARK INC CLSK · Put	CLSK	Put	150,000	$1.7m150.0k shares	New
ISHARES BITCOIN TRUST ETF IBIT · Put	IBIT	Put	25,800	$1.6m25.8k shares	New
WESTERN DIGITAL CORP WDC · Put	WDC	Put	23,100	$1.5m23.1k shares	New
COINBASE GLOBAL INC COIN · Put	COIN	Put	3,900	$1.4m3.9k shares	New
LAM RESEARCH CORP LRCX · Put	LRCX	Put	8,800	$856.6k8.8k shares	New
META PLATFORMS INC META · Put	META	Put	1,100	$811.9k1.1k shares	Unchanged
BLOCK INC XYZ · Put	XYZ	Put	10,000	$679.3k10.0k shares	New