An anonymous director reports

GALAXY ENTERS INTO AUTOMATIC SHARE PURCHASE PLAN

Galaxy Digital Holdings Ltd. has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of Galaxy's ordinary shares under its previously announced normal course issuer bid.

Galaxy previously announced that it had received approval from the Toronto Stock Exchange to purchase, during the 12-month period commencing May 31, 2023, and terminating May 30, 2024, up to 10,056,193 shares, representing approximately 10 per cent of issued and outstanding as of May 19, 2023, by way of a normal course issuer bid on the TSX or through alternative trading systems or by such other means as may be permitted under applicable law.

During the effective period of Galaxy's automatic share purchase plan, Galaxy's broker may purchase shares at times when Galaxy would not be active in the market due to insider trading rules and its own internal trading blackout periods. Purchases will be made by Galaxy's broker based upon parameters set by Galaxy when it is not in possession of any material non-public information about itself and its securities and in accordance with the terms of the automatic share purchase plan. Outside of the effective period of the automatic share purchase plan, shares may continue to be purchased in accordance with Galaxy's discretion, subject to applicable law. The automatic share purchase plan has been entered into in accordance with the requirements of applicable Canadian securities laws.

About Galaxy Digital Holdings Ltd.

Galaxy is a digital asset and blockchain leader providing access to the growing digital economy. The company serves a diversified client base, including institutions, start-ups and qualified individuals. Since 2018, Galaxy has been building a holistic financial platform spanning three complementary operating businesses: global markets, asset management and digital infrastructure solutions. The company's offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology. The company is headquartered in New York, with offices across North America, Europe and Asia.