Galaxy Digital, a significant player in digital asset financial services, reported a notable financial rebound in the second quarter of 2025. The company recorded a profit of $30.7 million, a stark contrast to the $295 million loss incurred in the previous quarter.
This significant turnaround was primarily fueled by appreciations within its crypto asset portfolio. A key strategic move involved the acquisition of 4,272 additional Bitcoins during the quarter. This purchase bolstered Galaxy’s Bitcoin reserves to a total valuation of $48 million, contributing positively to the quarter’s results.
Further underscoring the operational improvement, Galaxy Digital’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) reached $211 million for the period. The profit recovery coincides with a period of broader stabilization and recovery observed across cryptocurrency markets.
Beyond its core digital asset activities, Galaxy Digital is actively diversifying its business strategy. The company highlighted its ongoing expansion into artificial intelligence (AI) data center infrastructure as part of this diversification effort. The previous quarter’s substantial loss was largely attributed to elevated market volatility and resulting asset depreciation.