Galaxy Digital Holdings Ltd

Latest Results (13.10.2025):

Galaxy Digital Holdings Ltd reported its second quarter financial results for 2025, achieving a net income of $30.7 million and an adjusted EBITDA of $211 million. The company's strong performance was driven by the appreciation of digital assets and robust operations in its Digital Assets segment.

Net Income and Share Performance

Galaxy Digital Holdings Ltd recorded a net income of $30.7 million for Q2 2025, translating to a gain of $0.08 per diluted share. This marks a significant turnaround from the previous quarter's loss of $295 million.

Adjusted EBITDA Growth

The company achieved an adjusted EBITDA of $211 million in Q2 2025, up from a negative $290 million in the first quarter. This improvement was primarily fueled by the appreciation of balance sheet digital assets and positive performance in the Digital Assets operating business.

Total Equity and Liquidity

As of June 30, 2025, Galaxy Digital Holdings Ltd maintained a total equity of $2.6 billion. The company held $1.2 billion in cash and stablecoins, ensuring strong liquidity for future operations and investments.

Corporate Developments

In Q2 2025, Galaxy began trading on Nasdaq under the ticker GLXY following a successful reorganization. July saw the strongest monthly financial performance in the company’s history for its Digital Assets business. Additionally, Galaxy completed the sale of over 80,000 bitcoins post-quarter, one of the largest transactions in digital asset history.

Digital Assets Performance

The Digital Assets segment generated an adjusted gross profit of $71.4 million, a 10% increase quarter-over-quarter. Growth was driven by the Global Markets division, despite a decline in spot trading activity.

Treasury & Corporate Segments

The Treasury & Corporate segment reported an adjusted EBITDA of $198 million for Q2 2025, up from a negative $301 million in the previous quarter. This improvement was mainly due to mark-to-market gains on digital assets and investment holdings.