Galaxy Digital’s Bitcoin Holdings Rise as Q2 Profitability Returns Amid Operational Expansion
Main Idea
Galaxy Digital returned to profitability in Q2 2025, driven by strategic Bitcoin accumulation and strong treasury gains, reporting a net income of $30.7 million and $211 million EBITDA.
Key Points
1. Galaxy Digital increased its Bitcoin holdings by 4,272 BTC, reaching a total of 17,102 BTC valued at $1.95 billion by the end of Q2 2025.
2. The company reported a net income of $30.7 million and $211 million EBITDA, reversing a $295 million loss from the previous quarter.
3. Galaxy’s Global Markets unit saw a 28% quarter-over-quarter increase in adjusted gross profit, reaching $55.4 million, despite a 22% decline in gross profit.
4. The company completed the sale of over 80,000 BTC on behalf of a client and expanded its Helios campus, securing 160 more acres and 800 megawatts of approved capacity.
5. Galaxy began trading on Nasdaq under the ticker GLXY in May 2025, marking a significant milestone in its public market presence.
Description
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