Galaxy Digital experienced a notable decline of 7% in its stock value following the announcement of a $1.15 billion exchangeable debt raise, which has raised concerns among investors about the company's financial strategy and future performance in the volatile cryptocurrency market. This decline reflects the market's reaction to the potential implications of the debt raise and how it might affect Galaxy Digital's growth and stability moving forward.
source: https://www.coindesk.com/markets/2025/10/28/galaxy-digital-slips-7-on-usd1-15b-debt-raise