According to @MilkRoadDaily, Galaxy Digital is building a 1 billion dollar Solana (SOL) treasury, which would position the firm among the largest SOL holders globally if completed. According to @MilkRoadDaily, the planned treasury would be roughly three times larger than today’s leader Upexi. According to @MilkRoadDaily, if confirmed, GLXY would serve as a publicly traded proxy for Solana exposure, making the equity a direct play on SOL performance per the source.

According to Pentoshi, $GLXY (Galaxy Digital Holdings Ltd.) continues to attract significant trading volume following recent developments in the crypto sector, as reported on June 3, 2025 (source: @Pentosh1 on Twitter). The stock's performance is closely tied to institutional adoption of digital assets, particularly Bitcoin ETFs, and the company's active involvement in digital asset trading and asset management. Traders are monitoring $GLXY for potential breakout moves, as strong correlation with Bitcoin price trends could signal increased volatility and opportunities in the crypto market. GLXY’s liquidity and exposure to crypto infrastructure make it a key stock for those seeking leverage to digital asset price movements (source: Galaxy Digital Holdings Q1 2025 report, Twitter).