3 unchanged sentences
Risk Management and Strategy
−Removed: We recognize the importance
−Removed: of developing, implementing and maintaining cybersecurity measures to safeguard our information and operational technologies and protect
+Added: We recognize the importance of
+Added: developing, implementing and maintaining cybersecurity measures to safeguard our information and operational technologies and protect
the confidentiality, integrity and availability of our data.
5 unchanged sentences
cybersecurity program meets any particular technical standard, specification or requirement.
−Removed: We have processes in place to assess, identify,
−Removed: manage and address material cybersecurity threats and incidents.
−Removed: These include, among other things, annual and ongoing security awareness
−Removed: training for employees, mechanisms to detect and monitor unusual network activity, use of encryption and authentication technologies,
−Removed: penetration testing and containment and incident response tools.
−Removed: We regularly assess risks from cybersecurity and technology threats and
−Removed: monitor our information systems for potential vulnerabilities.
+Added: We have processes in place to
+Added: assess, identify, manage and address material cybersecurity threats and incidents.
+Added: These include, among other things, annual and ongoing
+Added: security awareness training for employees, mechanisms to detect and monitor unusual network activity, use of encryption and authentication
+Added: technologies, penetration testing and containment and incident response tools.
+Added: We regularly assess risks from cybersecurity and technology
+Added: threats and monitor our information systems for potential vulnerabilities.
We maintain an incident response
2 unchanged sentences
actions to mitigate and/or eliminate any issues.
+Added: In connection with our new digital asset treasury strategy, we intend to appoint a Chief
+Added: Information Security Officer in Fiscal 2026.
Our control over the security
−Removed: posture of and ability to monitor the cybersecurity practices of third-party vendors and service providers is limited and there can be
−Removed: no assurance that we can prevent, mitigate or remediate the risk of any compromise or failure in the cybersecurity infrastructure owned
−Removed: or controlled by third parties.
+Added: posture of and ability to monitor the cybersecurity practices of third-party vendors and service providers, including Galaxy Digital and
+Added: any digital asset custodians, exchanges, or validators we utilize, is limited and there can be no assurance that we can prevent, mitigate
+Added: or remediate the risk of any compromise or failure in the cybersecurity infrastructure owned or controlled by third parties.
+Added: significant digital asset holdings, any cybersecurity breach affecting our third-party service providers could have a material adverse
+Added: effect on our business, financial condition, and results of operations.
As of the filing date of this
4 unchanged sentences
For more information about these risks, see “Item 1A – Risk Factors.”
−Removed: Our Board of Directors has
−Removed: overall responsibility for the oversight of risk management, including cybersecurity risks.
−Removed: The Board receives periodic briefings on cybersecurity
−Removed: matters, including key risks to the Company, recent developments and risk mitigation activities from management.
−Removed: Our information technology
−Removed: team is responsible for assessing and maintaining our cybersecurity risk management program and may engage third-party experts on an as-needed
+Added: Our Board of Directors has overall
+Added: responsibility for the oversight of risk management, including cybersecurity risks.
+Added: The Board of Directors receives periodic briefings
+Added: on cybersecurity matters, including key risks to the Company, recent developments and risk mitigation activities from management.
+Added: Our information technology team
+Added: is responsible for assessing and maintaining our cybersecurity risk management program and may engage third-party experts on an as-needed
basis for risk assessment and system enhancements.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.