SCHEDULE: Vanguard Group Reduces Galaxy Digital Stake to Zero

The Vanguard Group has amended its Schedule 13G filing for Galaxy Digital Inc., reporting 0% beneficial ownership following an internal realignment.

Summary

• The Vanguard Group, Inc. filed an Amendment No. 2 to its Schedule 13G for Galaxy Digital Inc. Common Stock.
• The filing indicates that The Vanguard Group now beneficially owns 0.00 shares of Galaxy Digital Inc., representing 0% of the class.
• This change is attributed to an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of Vanguard will report beneficial ownership separately, disaggregated from The Vanguard Group, Inc.
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is an administrative update reflecting an internal corporate realignment at Vanguard, not a direct positive or negative assessment of Galaxy Digital Inc.'s performance or prospects.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding Galaxy Digital Inc. or The Vanguard Group's future investment strategies beyond the internal realignment.

Management Comments

• Ashley Grim, Head of Global Fund Administration for The Vanguard Group, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Industry Context

StockSavvy.ai notes that this filing primarily reflects an administrative change in how The Vanguard Group reports its beneficial ownership due to an internal corporate realignment, rather than a strategic investment decision related to Galaxy Digital Inc. specifically. Such realignments are common for large asset managers and typically do not indicate a change in overall investment thesis for the underlying asset, but rather a shift in reporting structure.

Stakeholder Impact

• Shareholders of Galaxy Digital Inc. should be aware that The Vanguard Group, as the parent entity, no longer directly reports beneficial ownership, though its subsidiaries may still hold shares and report them separately. This change is administrative and does not necessarily reflect a divestment by Vanguard's overall managed funds.

Next Steps

• Certain subsidiaries or business divisions of The Vanguard Group, Inc. will report their beneficial ownership of Galaxy Digital Inc. securities separately on a disaggregated basis.

Key Dates

Recommendation

The filing is an administrative update regarding The Vanguard Group's internal reporting structure and does not provide new information about Galaxy Digital Inc.'s financial performance, strategic direction, or market position. Therefore, it does not warrant a change in investment recommendation based solely on this disclosure.

Keywords

Galaxy Digital Inc., Vanguard Group, Schedule 13G, beneficial ownership, institutional ownership, internal realignment, common stock, SEC filing