Galaxy Digital (ticker: GLXY) announced an underwritten secondary offering of 29 million shares of its Class A common stock, comprising 24.15 million shares offered by the company and 4.85 million shares by certain stockholders. The offering is being managed by Goldman Sachs & Co., Jefferies, and Morgan Stanley. The move caused Galaxy Digital's stock to drop around 18% initially and about 7.3% in pre-market trading. The company aims to raise approximately $500 million to fund the build-out of AI computing infrastructure, which is expected to generate substantial cash flows. Meanwhile, Viking (VIK) announced a secondary offering of 30.5 million shares priced at $44.20 each, totaling $1.35 billion, resulting in a 2.9% pre-market stock decline. Hess Midstream LP priced a secondary public offering of Class A shares, and Amer Sports (AS) also announced the pricing of a secondary offering of ordinary shares. Revelation Biosciences (REVB) priced a 3.64 million share offering at $1.10 per share, with its stock down 54.9% pre-market. Additional offerings include Cemtrex (CETX) with a new stock offering aimed at debt reduction and working capital, causing a 43.8% pre-market decline, Super League Enterprise (SLE) pricing 4.17 million shares at $0.12 each, down 43.5% pre-market, and TAT Technologies (TATT) announcing a major 4.15 million share offering with both company and shareholders selling, leading to a 6.5% pre-market drop. These offerings reflect a broader trend of companies raising capital through secondary stock sales amid varying investor reactions.