Bitcoin News Today: Galaxy Shifts 447 BTC to CEX Amid AI Pivot, ETF Optimism

Galaxy Digital moved approximately 447 bitcoins to a centralized exchange on December 29, 2025, a significant transaction in a volatile year for the cryptocurrency market. The transfer comes amid broader trends in institutional adoption and regulatory shifts. Bitcoin had previously hit a record high of $125,800 in October, following a Federal Reserve rate cut.

The move aligns with Galaxy Digital's strategic pivot from Bitcoin mining to AI-driven infrastructure. The firm's CEO, Mike Novogratz, has led a transformation centered on long-term revenue stability through AI data centers. This shift reflects a broader industry movement as Bitcoin miners seek alternative revenue models amid declining mining returns.

Analysts from Rittenhouse Research have highlighted the strategic advantages of Galaxy Digital's pivot to AI infrastructure. They argue that data centers offer consistent revenue streams compared to the cyclical nature of Bitcoin mining. This transformation could position Galaxy as a key player in the AI infrastructure sector.

Market Implications of the Transfer

The transfer of 447 bitcoins to a centralized exchange may signal increased liquidity and market activity. With Bitcoin trading near $90,000, the market is closely watching for signs of a breakout. Technical analysts suggest a daily close above $91,000 could trigger a move toward $95,000.

Recent market sentiment remains bearish, with the Bitcoin Fear and Greed Index at 23 as of December 27. The index has remained below 30 since November, indicating persistent fear among investors. This trend echoes similar sentiment patterns seen in late 2022, a period marked by significant market corrections.

Institutional and Regulatory Trends

Galaxy Digital forecasts that net inflows into US spot crypto ETFs will surpass $50 billion in 2026, building on $23 billion in inflows in 2025. This projection is driven by increased institutional interest and the approval of over 100 new ETFs. The firm also anticipates a broader range of crypto products including leveraged and multi-asset ETFs.

The regulatory landscape is also evolving. Starting in 2026, the EU's DAC8 rules will require crypto exchanges to report transaction data to tax authorities. This development could affect Bitcoin's short-term market dynamics. Additionally, regulatory clarity in the US is expected to further drive institutional participation.

Strategic Positioning and Risks

Galaxy Digital's shift to AI infrastructure represents a major strategic move. The firm has fully exited Bitcoin mining and now focuses exclusively on AI data centers, such as its Helios facility. This pivot is seen as a positive signal to potential hyperscaler tenants, enhancing Galaxy's credibility in the AI infrastructure market.

However, the transition introduces new risks. Infrastructure projects carry execution risks, particularly with heavy capital expenditures and construction timelines. Any delays could impact cash flow and force additional fundraising. Additionally, regulatory and political shifts could affect Galaxy's major projects, including tokenization initiatives.

Conclusion

Galaxy Digital's move to transfer 447 bitcoins to a centralized exchange reflects broader trends in the crypto market. With institutional adoption on the rise and regulatory frameworks evolving, the firm's strategic pivot to AI infrastructure positions it to capture long-term value. While the current market remains cautious, the projected growth in ETF inflows and the normalization of digital assets suggest a positive outlook for 2026. The outlook for 2026 appears increasingly favorable as institutional participation grows.