Galaxy Digital Inc. · NASDAQ:GLXY
Galaxy Digital — Q3 2024 Earnings Presentation
20 slides from Galaxy Digital's earnings presentation, Nov 7, 2024
Slide 1: Galaxy
galaxy.com YMA AM XK \AA\AA\A galaxy As of September 30, 2024
Slide 2: Disclaimer
2 GALAXY Disclaimer This document,and the information contained herein, has been provided to youby Galaxy Digital Holdings LP andts affillates ‘Galaxy Digital” solely for informationalpurposes This document may not be reproduced or redistributed inwhole orn part. in any format, without the express ‘
Slide 3: Disclaimer
3 GALAXY Disclaimer (13) iquiity or economic conditions impactingour business; (14) regulatory concems, technological challenges, cyber incidents or exploits on decentralized networks; (15) the failure to enter into definitive agreements or otherwise complete the antidipatedtransactions with respect
Slide 4: Company Snapshot
GALAXY (a) Company Snapshot Galaxy is a digital asset and blockchain leader providing access to the growing digital economy. We serve a diversified client base, including institutions, startups, and qualified individuals. 6+ Complementary offerings across three main operating businesses: Year Operat
Slide 5: Key Financial and Business Metrics
5 GALAXY Key Financial and Business Metrics S2.1B S191M 3024 Book Value? 2024 YTD Net Income S863M S$4.6B 3024 Loan Book Size (Average)? Assets Under Management? S0.54 2024 YTD Earnings Per Share, Diluted S3.4B Assets Under Stake®
Slide 6: Global Money Supply
16% 617M 94% 96% S144T Global Money Supply® $18.1T Gold
Slide 7: Galaxy is well-positioned to meet the accelerating demand
7 GALAXY Galaxy is well-positioned to meet the accelerating demand for digital assets and infrastructure. = Key Differentiators iil Risk Management Proven market discipline and resilience through driven by our robust risk management and governance practices. (2. Diversified Platform Galaxy operates
Slide 8: Galaxy Leadership Team
8 GALAXY L Galaxy Leadership Team — Adeepbench of experts in capital markets, asset management, digital assets, investing, and technology. Mike Novogratz Founder & CEO Chris Ferraro President & ClO Erin Brown Chief Operating Officer Ny) Michael Ashe Sebastian Benkert Head of Investment Chief Marketi
Slide 9: Transition to Nasdaq Expected to Create Shareholder Value
9 GALAXY =" Transition to Nasdag Expected to Create Shareholder Value’ Galaxy is working to complete a reorganization and domestication to become a Delaware-incorporated company, subsequently listing on the Nasdaq. Increased Liquidity Increased trading liquidity through access to deeper US. capital
Slide 10: Galaxy
(-) galaxy
Slide 11: Galaxy Global Markets
" GALAXY GLOBAL MARKETS, (| Serving the digital asset ecosystem end-to-end Institutional grade expertise and access to digital asset products across two discrete businesses: Trading and Investment Banking. Trading OTC Spot & Derivatives Lending & Structured Products On-Exchange Liquidity Provision I
Slide 12: Key Metrics
12 GALAXY GLOBAL MARKETS, Key Metrics = Trading S54M 3024 Counterparty Trading Revenue! 1280 Total Trading Counterparties $863M 3024 Loan Book Size (Average)! Investment Banking 3 3024 YTD Deals Closed! 21 Deals in Investment Banking Pipeline? S2.4B Deal Value of Pipeline? Robinhood # has agreed to
Slide 13: Asset Management
oilll Asset Management
Slide 14: Galaxy Asset Management
14 GALAXY ASSET MANAGEMENT (a) alll Providing investor access to a growing digital economy Since 2018, Galaxy Asset Management offers institutional-grade access to the digital asset ecosystem. a Investment Strategies a Global Institutional Partners 5 Bloomberg @ Passive! 40? Active , Venture Cl StOB
Slide 15: Key Metrics
15 GALAXY alll Key Metrics ASSET MANAGEMENT = Assets Under Management! $1495M S4.6B Assets Under Management! mi Active mi Passive $2,466M Venture Delivering Our Platform to Meet Client Needs 1 Digital asset and emerging technology Investment strategies S8B+t Returned to creditors on behalf of the FT
Slide 16: Digital Infrastructure Solutions
21) Digital Infrastructure Solutions
Slide 17: Galaxy Digital Infrastructure Solutions
7 GALAXY DIGITAL INFRASTRUCTURE SOLUTIONS. (=) Mining Galaxy's mining business consists of proprietary and hosted bitcoin mining. We have among the lowest costs to mine in the industry and the ability to scale best in class margins to become one of the largest public miners globally. Helios has appr
Slide 18: Helios' Growth Opportunity
18 GALAXY DIGITAL INFRASTRUCTURE SOLUTIONS Helios’ Growth Opportunity Galaxy Mining's primary goal is to monetize its energy capacity and infrastructure in the most profitable way possible. Subsequent to quarter-end, Galaxy executed a non-binding term sheet with a US-based hyperscaler to host high-p
Slide 19: Helios: Galaxy's Flagship Data Center
19 GALAXY DIGITAL INFRASTRUCTURE SOLUTIONS = Helios: Galaxy's Flagship Data Center Approval .ceived by the Electric Rellablity Council of Texas (E a) 2) 3) 4) 5) 6) 8) Immersion Cooled Data Center Approximately 150 megawatts (MW) of immersion cooled Bitcoin mining machines. Air-Cooled Units Approxim
Slide 20: Emerging Opportunities
20 GALAXY DIGITAL INFRASTRUCTURE SOLUTIONS. (2) Emerging Opportunities Galaxy is building and developing a full suite of blockchain infrastructure services that enable our institutional counterparties to participate in an increasingly on-chain and decentralized future. GK8 GK8, a Galaxy company, off