Galaxy Digital has leftover capital after its two infrastructure acquisitions late last year, but plans on getting it right with those first investments, co-president Chris Ferraro said.
In December, the firm agreed to buy the Helios bitcoin mining facility and its related operations from Argo Blockchain for about $65 million and last month completed its purchase of "substantially all of the assets of GK8, a secure institutional digital asset custody platform, for approximately $44 million."
Ferraro, speaking at the JMP Securities Technology Conference, said this year "should be about fortifying the acquisitions we made, integrating them, getting the foundation right and building."
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