Galaxy Digital Ramps Up Solana Bet, Pours $283 Million In Crypto, But Stock Drops Pre-Market

Galaxy Digital Inc. (NASDAQ:GLXY) shares are trading lower in Monday’s pre-market trading, coinciding with the cryptocurrency-focused company’s purchase of over $280 million in Solana (CRYPTO: SOL).

Galaxy Bags Heaps Of SOL

Galaxy Digital bought 1.2 million SOL, worth $283.87 million at current prices, over the last 24 hours, reported on-chain analytics firm Lookonchain.

With the latest grab, the company’s total SOL purchases in the last five days have reached 6.5 million, totaling $1.53 billion.

However, investors didn’t seem too impressed with …

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