Galaxy Digital reported net revenue for the second quarter of 2025 of $30.7 million, reversing the $295 million loss recorded in the previous quarter.
The digital asset and infrastructure company sees balance sheet earnings and strong performance in the global market sector as key drivers for recovery, according to Press release to Tuesday.
Bitcoin holdings in Galaxy increased to 17,102 bitcoins in the quarter (BTC), worth $1.95 billion. The company held 13,704 BTC at the end of the first quarter, indicating that the company increased 4,272 BTC in the second quarter public In financial supplements.
The company’s total digital assets, including BTC, Ether (Ether) (eth), USDC (USDC), solana (sol) and xrp(XRP), loading value of $3.56 billion. Bitcoin remains the largest single holding, making up more than half of Galaxy’s fair value measurement assets.
Related: Galaxy Digital raises $175 million in first fund to expand cryptocurrency investment
Galaxy releases $211 million in EBITDA, backed by U.S. Treasury Department earnings
Adjusted earnings for interest, taxes, depreciation and amortization (EBITDA) were $211 million and received adjusted gross profit of $228 million, earning adjusted gross profit from its Treasury and corporate sectors.
Meanwhile, digital assets generated $71.4 million in adjusted gross profit, up 10% from the previous quarter. However, as expenses increased, adjusted EBITDA remained flat at $13 million in the digital asset business.
Galaxy’s global market segment stood out, with adjusted gross profit up 28% to a total of $55.4 million. Despite a 22% drop in trading volume, it is 22% as the company manages to outperform the broader market trend. The average loan book has expanded to $1.1 billion, driven by demand for margin loans.
The company’s asset management and infrastructure solutions segment saw a 26% drop in profits, reflecting slower chain activity and reduced discharge rewards. Nevertheless, assets under management and stakes rose 27% to $9 billion due to crypto prices and fresh inflows.
Related: Bitcoin Price Shrugged, Potential $450 million Galaxy Digital BTC Sales
Galaxy achieves operational milestone
In addition to finance, the Galaxy has also made significant operational strides. It’s done More than 80,000 BTC for sale Representing the client, one of the largest such transactions to date.
At the same time, it Helios Data Center Campus It is expanding and now Coreweave is committed to the full 800 MW approval capacity. Galaxy also received an additional 160 acres of land and a 1 GW of interconnect request, providing a stage of up to 3.5 gw for the Helios’ power capacity.
galaxy Start trading on Nasdaq After the restructuring of the company, under the stock GLXY in May.
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