SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 06-30-2026
Check here if Amendment checkbox unchecked Amendment Number:
This Amendment (Check only one.): checkbox unchecked is a restatement.
checkbox unchecked adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Galaxy Digital Inc.
Address: 300 Vesey Street, 13th Floor
NEW YORK, NY  10282
Form 13F File Number: 028-26631
CRD Number (if applicable):
SEC File Number (if applicable):

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Robert Rico
Title: Chief Accounting Officer
Phone: 212-390-9216
Signature, Place, and Date of Signing:
/s/ Robert Rico NEW YORKNY 08-14-2026
[Signature] [City, State] [Date]
Report Type (Check only one.):
checkbox unchecked 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
checkbox unchecked 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
checkbox checked 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
  Galaxy Digital Capital Management GP LLC
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 3
Form 13F Information Table Entry Total: 72
Form 13F Information Table Value Total: 1,696,133,437
(round to nearest dollar)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Name Form 13F File Number CRD No. (if applicable) SEC File No. (if applicable) CIK
1 Galaxy Digital LLC       0002070010
2 Galaxy Digital Trading Cayman LLC       0002070009
3 Galaxy Digital GP LLC       0002111693

SEC FORM 13-F Information Table

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
1RT ACQUISITION CORP. *W EXP 06/26/203 G6757R113   6,363 12,500 SH   DFND 1,2,3 12,500 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   21,829,691 227,440 SH   DFND 1,2,3 227,440 0 0
ALPHABET INC CAP STK CL A 02079K305   4,467,125 12,500 SH Put DFND 1,2,3 12,500 0 0
AMAZON COM INC COM 023135106   619,684 2,600 SH   DFND 1,2,3 2,600 0 0
ARK 21SHARES BITCOIN ETF SHS BEN INT 040919102   75,753,888 3,892,800 SH   DFND 1,2,3 3,892,800 0 0
AVALANCHE TREAS CORP SHS CL A 05338N101   602,403 1,203,842 SH   DFND 1,2,3 1,203,842 0 0
AVAX ONE TECHNOLOGY LTD COM NEW 05353F207   1,192,028 229,678 SH   DFND 1,2,3 229,678 0 0
BAIN CAP GSS INVT CORP ORD CL A G0R78B106   513,500 50,000 SH   DFND 1,2,3 50,000 0 0
BULLISH ORD SHS G16910120   14,643,750 625,000 SH   DFND 1,2,3 625,000 0 0
CANAAN INC SPONSORED ADS 134748102   3,359,070 11,700,000 SH   DFND 1,2,3 11,700,000 0 0
CANTOR EQUITY PARTNERS VI IN CL A ORD SHS G1828R101   1,037,000 100,000 SH   DFND 1,2,3 100,000 0 0
COLLECTIVE ACQUISITION CORP ORD SHS CL A G22741105   1,980,000 200,000 SH   DFND 1,2,3 200,000 0 0
COLLECTIVE ACQUISITION CORP *W EXP 04/27/203 G22741113   28,000 100,000 SH   DFND 1,2,3 100,000 0 0
D. BORAL ARC ACQ I CORP. SHS CL A G2616F101   1,043,000 100,000 SH   DFND 1,2,3 100,000 0 0
DBX ETF TR XTRACK HRVST CSI 233051879   2,886,975 78,750 SH   DFND 1,2,3 78,750 0 0
DIGITAL ASSET ACQUISITION CO *W EXP 04/01/203 G2868C111   23,023 47,964 SH   DFND 1,2,3 47,964 0 0
DOUBLEDOWN INTERACTIVE CO LT ADS 25862B109   1,093,217 95,228 SH   DFND 1,2,3 95,228 0 0
DYNAMIX CORP SHS CL A G2949D104   1,510,600 140,000 SH   DFND 1,2,3 140,000 0 0
EIGHTCO HOLDINGS INC COM 22890A302   2,638,051 3,793,028 SH   DFND 1,2,3 3,793,028 0 0
FORWARD INDUSTRIES INC COM NEW 349932103   34,216,216 8,108,108 SH   DFND 1,2,3 8,108,108 0 0
FUTURECREST ACQUISITION CORP CL A ORD SHS G3730U107   3,090,000 300,000 SH   DFND 1,2,3 300,000 0 0
FUTURECREST ACQUISITION CORP *W EXP 09/30/203 G3730U115   42,500 50,000 SH   DFND 1,2,3 50,000 0 0
HCM III ACQUISITION CORP *W EXP 07/23/203 G4365E111   9,685 14,900 SH   DFND 1,2,3 14,900 0 0
HCM III ACQUISITION CORP ORD SHS CL A G4365E103   1,028,000 100,000 SH   DFND 1,2,3 100,000 0 0
HCM IV ACQUISITION CORP ORD USD CL A G4365S102   1,003,000 100,000 SH   DFND 1,2,3 100,000 0 0
HCM IV ACQUISITION CORP *W EXP 01/20/203 G4365S110   20,250 37,500 SH   DFND 1,2,3 37,500 0 0
IDEA ACQUISITION CORP *W EXP 01/06/203 G4727U118   11,333 33,333 SH   DFND 1,2,3 33,333 0 0
INFLECTION PT ACQUISIT CORP *W EXP 03/03/203 G4790S115   47,000 25,000 SH   DFND 1,2,3 25,000 0 0
INVESCO DB MULTI-SECTOR COMM AGRICULTURE FD 46140H106   998,498 37,439 SH   DFND 1,2,3 37,439 0 0
INVESCO GALAXY BITCOIN ETF COM SHS BEN INT 46091J101   42,340,000 725,000 SH   DFND 1,2,3 725,000 0 0
INVESCO GALAXY ETHEREUM ETF SHS 46148D107   4,555,900 290,000 SH   DFND 1,2,3 290,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   314,442,800 427,000 SH Call DFND 1,2,3 427,000 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101   323,130,251 9,706,526 SH   DFND 1,2,3 9,706,526 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101   104,197,700 3,130,000 SH Call DFND 1,2,3 3,130,000 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101   13,316,000 400,000 SH Put DFND 1,2,3 400,000 0 0
ISHARES ETHEREUM TR SHS 46438R105   9,730,657 818,390 SH   DFND 1,2,3 818,390 0 0
ISHARES ETHEREUM TR SHS 46438R105   1,189,000 100,000 SH Call DFND 1,2,3 100,000 0 0
ISHARES ETHEREUM TR SHS 46438R105   59,450,000 5,000,000 SH Put DFND 1,2,3 5,000,000 0 0
ISHARES INC MSCI JAPAN ETF 46434G822   2,611,560 28,000 SH   DFND 1,2,3 28,000 0 0
ISHARES INC MSCI BRAZIL ETF 464286400   10,350,000 300,000 SH Call DFND 1,2,3 300,000 0 0
ISHARES INC MSCI CDA ETF 464286509   13,257,200 230,000 SH Put DFND 1,2,3 230,000 0 0
ISHARES SILVER TR ISHARES 46428Q109   3,422,080 64,000 SH Call DFND 1,2,3 64,000 0 0
ISHARES TR 20 YR TR BD ETF 464287432   5,185,200 60,000 SH   DFND 1,2,3 60,000 0 0
ISHARES TR CORE US AGGBD ET 464287226   7,423,500 75,000 SH   DFND 1,2,3 75,000 0 0
JD.COM INC SPON ADS CL A 47215P106   16,052,400 630,000 SH   DFND 1,2,3 630,000 0 0
KRANESHARES TRUST CSI CHI INTERNET 500767306   16,884,300 690,000 SH   DFND 1,2,3 690,000 0 0
MARVELL TECHNOLOGY INC COM 573874104   1,191,560 4,000 SH   DFND 1,2,3 4,000 0 0
MOUNTAIN LAKE ACQUISIT CORP *W EXP 99/99/999 G6301L117   13,505 50,000 SH   DFND 1,2,3 50,000 0 0
MOZAYYX ACQUISITION CORP ORD CL A G63113107   997,000 100,000 SH   DFND 1,2,3 100,000 0 0
MOZAYYX ACQUISITION CORP *W EXP 99/99/999 G63113115   52,688 75,000 SH   DFND 1,2,3 75,000 0 0
NVIDIA CORPORATION COM 67066G104   870,392 4,350 SH   DFND 1,2,3 4,350 0 0
NVIDIA CORPORATION COM 67066G104   10,204,590 51,000 SH Call DFND 1,2,3 51,000 0 0
NVIDIA CORPORATION COM 67066G104   3,001,350 15,000 SH Put DFND 1,2,3 15,000 0 0
PLANET LABS PBC COM CL A 72703X106   496,950 15,000 SH   DFND 1,2,3 15,000 0 0
QDRO ACQUISITION CORP *W EXP 03/27/203 G7310E110   14,750 50,000 SH   DFND 1,2,3 50,000 0 0
SHARONAI HOLDINGS INC COM CL A 778920306   6,158,846 72,748 SH   DFND 1,2,3 72,748 0 0
SHARONAI HOLDINGS INC COM CL A 778920306   1,693,200 20,000 SH Put DFND 1,2,3 20,000 0 0
SHIFT4 PMTS INC CL A 82452J109   432,993 8,902 SH   DFND 1,2,3 8,902 0 0
SPACE ASSET ACQUISITION CORP USD CL A ORD SHS G8375S101   351,655 34,476 SH   DFND 1,2,3 34,476 0 0
SPACE ASSET ACQUISITION CORP *W EXP 03/31/203 G8375S119   29,700 33,000 SH   DFND 1,2,3 33,000 0 0
SPACE EXPLORATION TECHN CORP CLASS A COM STK 84615Q103   1,708,600 10,000 SH Put DFND 1,2,3 10,000 0 0
SPARTACUS ACQUISITION CORP I *W EXP 01/30/203 G8303R118   10,802 20,000 SH   DFND 1,2,3 20,000 0 0
SPDR GOLD TR GOLD SHS 78463V107   33,522,580 91,000 SH Call DFND 1,2,3 91,000 0 0
SPDR GOLD TR GOLD SHS 78463V107   1,105,140 3,000 SH Put DFND 1,2,3 3,000 0 0
SSGA ACTIVE TR SST GALAXY HEDGE 78470P648   14,527,658 215,000 SH   DFND 1,2,3 215,000 0 0
STABLECOINX INC SHS CL A 85238K100   166,205 60,438 SH   DFND 1,2,3 60,438 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103   139,272,605 186,500 SH Call DFND 1,2,3 186,500 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103   346,575,957 464,100 SH Put DFND 1,2,3 464,100 0 0
STUBHUB HLDGS INC CL A 86384P109   4,269,082 331,708 SH   DFND 1,2,3 331,708 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676   3,279,450 5,000 SH Put DFND 1,2,3 5,000 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736   1,036,781 12,036 SH   DFND 1,2,3 12,036 0 0
VISTANCE NETWORKS INC COM 20337X109   1,917,000 150,000 SH   DFND 1,2,3 150,000 0 0