Galaxy Digital launches Galaxy Digital Mining for crypto miners

Galaxy Digital  a diversified financial services and investment management company in the digital asset sector has launched Galaxy Digital Mining, a new business unit committed to providing bitcoin miners with a comprehensive suite of financial services and products.  Galaxy Digital Mining will serve as a one-stop financial services platform for miners—drawing the firm's expertise in trading and risk management, investing and lending, and corporate advisory under one umbrella, tailored to the needs of the mining sector.

Leading this new business is Amanda Fabiano, who joined Galaxy from Fidelity Investments, where she oversaw the firm's mining investments and initiatives as Director of Bitcoin Mining. The team working alongside her brings deep experience at the intersection of traditional finance and digital assets, with backgrounds spanning real asset financing, non-traditional securitization, structured products, investment banking, and strategic advisory.

Simultaneously, Galaxy Digital Mining has also established its own proprietary bitcoin mining operation, hosting its machines at a third-party datacenter in the U.S. "Bitcoin mining is the foundation of the Bitcoin network. By mining ourselves, we are able to deeply understand and solve for the financial needs of miners, while also enhancing the strength of the industry and thus the strength of the Bitcoin network", said Fabiano.