💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
After Galaxy Digital announced the issuance of $1 billion in Convertible Bonds, its stock price took a big dump.
[Galaxy Digital Announces $1 Billion Convertible Bond Offering, Stock Prices Plunge] On October 28, news from Bloomberg reported that after Galaxy Digital Inc.'s operating partnership announced the issuance of $1 billion in Convertible Bonds, its after-hours stock price plummeted. According to insiders, Galaxy Digital Holdings LP is issuing bonds with a term of 5.5 years, which can be converted into common stock of Galaxy Digital, with an interest rate of 0.5% to 1%. On Monday after hours, influenced by the bond offering news, as of 5:43 PM local time, the company's stock price in the U.S. fell by 10.3%, reaching $36.45 per share. However, before the market closed on Monday, the stock had already risen by 134% in the New York market. An earlier statement indicated that these bonds will mature in 2031. The statement noted that the bond issuer plans to use the net proceeds from this bond offering to support the growth of its core operating business and may also be used to repay existing exchangeable preferred notes maturing in 2026.