NEW YORK, July 1, 2021 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ( Galaxy Digital , the Company ), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, today participated in the Bitcoin Mining Council s ( BMC ) first quarterly survey readout and shared the significant sustainable energy mix usage for its Bitcoin Mining Business. Galaxy Digital s participation in the BMC represents a commitment to conducting business based on a strong sustainability framework that prioritizes responsible ESG practices.
Galaxy Digital joins a group of industry leaders as a founding member of the BMC, a voluntary and open forum to promote transparency, share best practices, and educate the public on the benefits of Bitcoin and Bitcoin mining. Today, the BMC shared sustainable energy information sourced from over 32% of the current global Bitcoin network, including Galaxy Digital, which showed participants are utilizing
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Galaxy Digital Set to Launch Mining Financial Services
Jan 15 2021 · 13:00 UTC | Updated
Jan 15 2021 · 13:55 by staff writer · 3 min read
Photo: Depositphotos
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Galaxy Digital is in a unique position to help connect operators and equipment providers with capital.
Galaxy Digital has announced that it would be launching financial services for mining operations. According to the press release, this unit would be known as Galaxy Digital Mining and it would be focused on providing financial services to Bitcoin miners.
The press release went on to state that this new unit would be drawing on the parent firm’s expertise in trading and risk management, investing and lending, and corporate advisory. All of this would be geared towards providing miners a platform to enjoy top-notch financial services from a company with repute and international standards of operations.