Galaxy Digital launches the Bitcoin Quantum Readiness Initiative with up to $5 million in grants for quantum-resistant signatures, wallet migration tools, and security audits, and forms a Quantum Advisory Council with academics from MIT, the University of Calgary, and Boston University. Separately, a broader Bitcoin Security Consortium is backed by BlackRock, Coinbase, Strategy, Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets, and Galaxy to fund long-term network security against quantum threats. The initiative centers on post-quantum cryptography and prepares for a potential “Q-Day” when quantum computers could derive private keys from exposed public keys, emphasizing gradual migration within Bitcoin’s decentralized governance. It highlights the need for a staged migration approach amid the decentralized model. Estimates suggest roughly 6.9 million BTC could be at risk in the future, underscoring urgency for migration planning and audits. Coordination spans funding allocation, Galaxy Research publications, and advisory input from experts at MIT, University of Calgary, and Boston University, reflecting a multi-firm push to harden Bitcoin’s cryptographic foundations ahead of quantum-era threats.