Bitcoin News Today: Galaxy Digital Boosts Bitcoin Holdings by 40% in Q2 Amid Strategic Portfolio Shifts

Galaxy Digital significantly increased its Bitcoin holdings in the second quarter of 2025, adding 4,272 BTC to bring its total Bitcoin position to 17,102 BTC, valued at approximately $1.8 billion at the end of the period [1]. This strategic move was highlighted in a recent SEC filing, which also revealed that the firm reported net income of $30.7 million and maintained total equity of $2.6 billion during the quarter [1]. The firm’s net digital asset holdings grew by 40% year-over-quarter, reaching $1.2 billion, driven primarily by the increased Bitcoin exposure [1].

Alongside its Bitcoin accumulation, Galaxy Digital reduced its exposure to other major cryptocurrencies. Ethereum holdings declined from 155,026 to 90,521 during Q2, while its XRP position dropped from 16.9 million to 15.4 million [1]. In contrast, exposure to Solana increased marginally, from 995,072 to 1.1 million, and the firm added a new position in SUI [1]. These adjustments suggest a selective approach to portfolio management, focusing on strengthening its core Bitcoin holdings while de-risking other positions.

The firm’s Digital Assets segment reported $71 million in adjusted gross profit for Q2, representing a 10% increase from the prior quarter [1]. This growth was supported by the Global Markets business, which saw a 28% increase in gross profit to $55 million, despite an overall 22% decline in spot trading volume [1]. The firm attributed the performance to stronger trading and staking operations, which helped offset the impact of reduced trading activity.

Infrastructure-related segments showed mixed outcomes. Staking revenues were impacted by lower on-chain activity, but total assets under management on the platform rose to $8.9 billion, a 27% quarter-over-quarter increase [1]. Assets under stake also climbed to $3.1 billion, a 34% rise from Q1 [1]. Galaxy Digital expanded its staking infrastructure with a new integration with Fireblocks, signaling its intent to enhance operational capacity in the space.

The portfolio adjustments reflect a strategic pivot toward Bitcoin as a core asset class within its digital holdings, while managing risk across more volatile or underperforming tokens [1]. The firm continues to hold a mix of digital assets, including borrowed, collateralized, and owned positions, maintaining a diversified yet focused approach to its digital asset strategy [1].

Source: [1] Galaxy Digital Holdings Q2 Update (https://cryptobriefing.com/galaxy-digital-holdings-q2-update/)