Galaxy Digital Q2 Profit $30.7M Driven by Bitcoin Buys and AI Data Center Expansion
Galaxy Digital reported a Q2 2025 net profit of $30.7 million, reversing a $295 million loss in Q1. The turnaround was driven by Bitcoin appreciation and the strategic purchase of 4,272 BTC, bringing total holdings to 17,102 BTC valued at $1.95 billion. Adjusted EBITDA reached $211 million, supported by treasury gains and stronger asset management and venture returns.
The firm’s total assets stood at $2.6 billion, with digital assets accounting for $3.56 billion in fair value, and diversified exposure across stablecoins and cash. Global Markets gross profit rose 28% to $55.4 million despite lower trading volumes, while the loan book expanded to $1.1 billion and AUM climbed 27% to $9 billion. Galaxy Digital also facilitated a client sale of over 80,000 BTC and commenced Nasdaq trading under GLXY in May.
Beyond crypto trading, Galaxy Digital is scaling its Helios AI data center campus—securing up to 3.5 GW capacity—and partnering with CoreWeave to boost computing power. This dual strategy of Bitcoin accumulation and AI infrastructure investment positions the company for sustainable growth and long-term resilience in the recovering crypto market.
Bullish
Galaxy Digital’s Q2 profit turnaround, driven by Bitcoin appreciation and fresh BTC buys, signals renewed demand for Bitcoin and boosts market confidence. The 4,272 BTC acquisition and expanded holdings to 17,102 BTC support upward price pressure in the short term. Concurrent growth in adjusted EBITDA, AUM and loan book underscores operational strength. The push into AI data center infrastructure diversifies revenue away from trading fees, enhancing long-term resilience and reducing reliance on cryptocurrency price swings. Combined, these factors point to a bullish outlook for Bitcoin as traders anticipate sustained institutional support and diversified growth avenues.