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Crypto Giant Galaxy Digital Ditches Billion Dollar BitGo Buyout As Losses Tripled And Terms Weren't Met

Benzinga

Galaxy Digital Holdings Ltd (OTC: BRPHF ) shares traded lower by 2.8% on Monday after the company announced it has scrapped a major acquisition deal. Galaxy Digital announced it is terminating its acquisition deal for BitGo after the company failed to deliver audited financial statements for 2021.

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Galaxy Validly Ended $1.2B BitGo Crypto Deal, Del. Court Says

Law 360 M&A

Cryptocurrency company Galaxy Digital Holdings Ltd. billion merger with digital asset company BitGo Holdings Inc. had a "valid basis" to terminate its proposed $1.2

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3 Firms Steer Galaxy Digital's Buyout Of Celsius' GK8 Unit

Law 360 M&A

Cryptocurrency financial services company Galaxy Digital Holdings Ltd.

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BitGo Hits Galaxy Digital With $100M Suit Over Busted Merger

Law 360 M&A

California-based BitGo Holdings Inc. has filed suit against fellow cryptocurrency-focused company Galaxy Digital Holdings Ltd. for calling off the parties' planned $1.2 billion merger and allegedly refusing to pay the $100 million breakup fee.

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