Galaxy Digital has committed up to $5 million to prepare Bitcoin for the quantum threat, according to multiple reports. The exact amount is described as 'up to $5 million' in one source and exactly '$5 million' in another, but both are consistent.

The company launched a Bitcoin Quantum Readiness Initiative states. The same source notes that Q-Day, the point at which quantum computers can break current cryptographic systems, may arrive as soon as 2030.