[Galaxy Board Approves $200 Million Stock Repurchase Plan] BlockBeats news, on February 6, Galaxy Digital announced that its board of directors has approved a stock repurchase plan, authorizing the repurchase of up to $200 million of Class A common stock. The plan will last for 12 months, and Galaxy may conduct repurchases through open market purchases, privately negotiated transactions, or other methods depending on market conditions. Galaxy founder and CEO Mike Novogratz stated that the repurchase plan is based on the company's strong balance sheet and confidence in its long-term prospects, aiming to return capital to shareholders when the company's stock price fails to reflect the value of its business.