#United States #New York #financial results #Digital Assets #Galaxy Digital

Overview of Q2 2025 Financial Results

Galaxy Digital Inc. (NASDAQ: GLXY) has showcased remarkable financial growth for the second quarter of 2025, revealing a net income of $30.7 million, translating to $0.08 per diluted share. This impressive performance follows the company’s reorganization and domestication completed in Q2 2025, resulting in significant achievements in its Digital Assets segments. With an Adjusted EBITDA reaching $211 million, Galaxy has marked its highest revenues in history, driven mainly by appreciation in digital assets and growth across its operating businesses.

Growth and Expansions

Galaxy’s total equity as of June 30, 2025, stood at $2.624 billion, supported by $1.2 billion in cash and stablecoins, affirming the company's solid financial foundation. Moreover, July marked the highest monthly performance for the Digital Assets operating business ever recorded, demonstrating a robust demand for their services. Notably, Galaxy's completion of one of the largest bitcoin transactions, involving over 80,000 bitcoins, showcases its strong standing in the market.

Following a successful quarter, Galaxy has also initiated plans to expand its Helios data center campus, securing an additional 133 megawatts (MW) for its AI and high-performance computing (HPC) operations. The expected evolution of Helios aims to cater to the rising demand in the AI sector, echoing Galaxy's commitment to providing powerful data solutions.

Balance Sheet Highlights

The company illustrated an outstanding 43% increase in total assets from $6.336 billion in Q1 to $9.086 billion in Q2. Furthermore, the balance sheet net digital assets exposure rose by 40%, cementing Galaxy's resilient approach to navigating the complexities of digital asset dynamics. The company attributed its growth to a diversified approach towards digital investments, including spot digital currencies and venture capital.

Future Financial Outlook

Galaxy Digital anticipates revenue generation from data centers by the first half of 2026 while all current expenses are capitalized. This strategy outlines the long-term vision of Galaxy towards establishing a strong foothold in the data centers sector, meeting the growing energy and compute solution demands in the US. Moreover, past trends suggest that Galaxy is on track to achieve its projected operational and financial targets amidst a positive market outlook.

Key Performance Indicators

• - Digital Assets Adjusted Gross Profit: $71.4 million (up 10% QoQ)
• - Global Markets Adjusted Gross Profit: $55.4 million (up 28% QoQ)
• - Average Loan Book Size: $1.107 billion (up 27% QoQ)

This financial performance report not only underscores Galaxy Digital's current successes but also paves the way for its ambitious aims in infrastructure and digital asset management. The company is set to continue leveraging its position within the digital environment while preparing for substantial growth that shapes future financial landscapes across industries.

Conference Call

An investor conference call was scheduled on August 5, 2025, to discuss these results, attracting stakeholders and analysts eager to delve deeper into the company’s future trajectories and updates. Investors can access this information through Galaxy's Investor Relations platform and catch subsequent updates on earnings through various channels.

With a sustained focus on innovation and expansion, Galaxy Digital stands at the forefront of the digital finance revolution, effectively challenging conventional frameworks with its unique offerings.

About Galaxy Digital Inc.

Galaxy Digital is a leader in digital assets and data center infrastructure, renowned for driving advancements in finance and AI. Its operations encompass trading, advisory, asset management, and groundbreaking data solutions, solidifying its status on a global stage. The Company is headquartered in New York City, with its operations extending across continents, supporting a diverse portfolio aimed at delivering stellar performance in the evolving digital landscape.