Galaxy Digital Holds $921 Million in On-Chain Assets, Dominated by Bitcoin (BTC)

Key Points

1. Galaxy Digital's total on-chain assets amount to $921 million, with Bitcoin (BTC) comprising $600 million (65%) of the portfolio.

2. Ethereum (ETH) represents $200 million (22%), while other cryptocurrencies make up $121 million (13%).

3. The firm's asset allocation signals strong confidence in Bitcoin and Ethereum, which together account for nearly 87% of its holdings.

4. Galaxy Digital's preference for Bitcoin is attributed to its market leadership, liquidity, and appeal to institutional investors.

5. The portfolio's distribution suggests a measured exposure to emerging digital assets alongside dominant cryptocurrencies.