Bitcoin News Today: Galaxy Digital Boosts Bitcoin Holdings by 33.3% in Q2 2025

Galaxy Digital, a leading digital assets and AI infrastructure firm, significantly increased its Bitcoin holdings by 4,272 BTC during the second quarter of 2025 while reducing its exposure to Ethereum and other altcoins, according to its Q2 2025 financial report [1]. The firm’s Bitcoin allocation rose from 12,830 BTC at the end of Q1 to 17,102 BTC by June 30, reflecting a strategic shift toward the leading cryptocurrency [1]. In contrast, Ethereum holdings dropped from 155,026 ETH to 90,521 ETH over the same period, indicating a more conservative stance on altcoin exposure.

The firm reported net income of $30.7 million for the quarter, driven by strong performance across its core business segments and fueled in part by Bitcoin’s 50% price increase between March and June 2025 [1]. At current market prices, Galaxy Digital’s net digital asset holdings reached approximately $1.2 billion, a 40% increase from Q1. This surge in portfolio value was primarily attributed to Bitcoin’s performance over the quarter.

Alongside its Bitcoin accumulation and Ethereum reduction, Galaxy Digital reported a 27% quarter-over-quarter increase in assets under management (AUM), which climbed to $8.9 billion. Assets under stake also rose to $3.1 billion, marking a 34% increase. The firm highlighted record performance in its Digital Assets operating business in July, with strong results in Global Markets and continued growth in Asset Management and Infrastructure Solutions.

Despite the firm’s increased Bitcoin allocation, recent market activity suggests potential strategy adjustments. A Satoshi-era Bitcoin wallet linked to Galaxy Digital executed a large sale of 22,700 BTC, which temporarily impacted market sentiment. Meanwhile, CEO Mike Novogratz noted his belief that Ethereum could outperform Bitcoin in the near term due to its expanding ecosystem and innovation, though this remains speculative and not reflected in the firm’s current positioning [1].

The firm’s portfolio reallocation reflects a broader trend among institutional investors re-evaluating their crypto strategies in response to market dynamics, regulatory shifts, and macroeconomic factors. Galaxy Digital’s decision to boost Bitcoin holdings and scale back on Ethereum underscores a preference for stability and long-term value preservation, particularly as Bitcoin continues to maintain its dominance in market capitalization and store-of-value perception.

Source: [1] Galaxy Digital Increases Bitcoin Holdings, Cuts Back On Ethereum...

https://www.mitrade.com/insights/news/live-news/article-3-1015193-20250806