Galaxy Digital shares rise 1.11% premarket after expanding partnership with Soluna for bitcoin mining operations.

Galaxy Digital Inc. rose 1.11% in premarket trading, driven by the announcement of an expanded partnership with Soluna Holdings, Inc. Under the new agreement, Galaxy will deploy proprietary bitcoin mining operations at a 48 MW expansion of Soluna’s Project Kati 1 in Texas, bringing the project to its full capacity of 83 MW. This strategic move is expected to enhance Galaxy's operational capabilities and market position in the digital asset and datacenter infrastructure sectors.