Bitcoin News Today: Galaxy Digital Q2 Profit Surges 1,088.89% on Bitcoin Gains and Strategic Expansion

Galaxy Digital posted a net income of $30.7 million in the second quarter of 2025, marking a significant turnaround from a $295 million loss in the previous quarter [1]. The firm attributed the profitability to unrealized gains on its crypto assets and strong performance from its Global Markets division [2]. A major factor in this financial recovery was the company’s decision to increase its Bitcoin exposure, with the firm adding 4,272 BTC to its holdings during the quarter, bringing the total to 17,102 BTC [3]. This expansion occurred amid a 50% rise in Bitcoin’s price, leading to a Bitcoin position valued at approximately $1.83 billion [4].

Despite the substantial profit, Galaxy Digital’s stock declined by 7% following the earnings report, indicating mixed market sentiment [6]. The firm also reported $1.2 billion in cash and stablecoins, offering a strong liquidity buffer [7]. This financial flexibility, combined with a total equity base of $2.6 billion, positions the company to navigate market volatility and capitalize on emerging opportunities [5].

The company’s Digital Assets arm saw adjusted gross profit rise by 10% from Q1, reaching $71.4 million, driven by increased trading activity and margin loans [2]. However, adjusted EBITDA for the firm declined slightly due to reinvestments in staff and technology, reflecting the company’s focus on long-term growth [4].

Looking ahead, Galaxy Digital is scheduled to host an investor webcast on August 5, 2025, where it will review Q2 results and outline its strategy for the remainder of the year [1]. The firm’s Q2 performance underscores its strategic allocation of capital in Bitcoin and its growing footprint in the digital asset sector. With a strong balance sheet and resilient core operations, Galaxy Digital is well-positioned to continue expanding its influence in the evolving cryptocurrency landscape.

Sources:

[1] Galaxy Digital posts $31M profit as Bitcoin holdings climb ...

https://cointelegraph.com/news/galaxy-digital-q2-2025-profit-bitcoin-holdings-rise

[2] Galaxy Digital (GLXY) Stock: Plunges 7% as Q2 Profit ...

https://coincentral.com/galaxy-digital-glxy-stock-plunges-7-as-q2-profit-soars-to-30-7m-amid-helios-expansion-and-nasdaq-debut/

[3] Galaxy Digital Loads Up on Bitcoin as Q2 Profits Hit $30.7M

https://blockonomi.com/galaxy-digital-loads-up-on-bitcoin-as-q2-profits-hit-30-7m/

[4] Galaxy Digital Boosts Bitcoin Holdings by 33.3% in Q2 2025

https://www.ainvest.com/news/bitcoin-news-today-galaxy-digital-boosts-bitcoin-holdings-33-3-q2-2025-2508-

[5] Galaxy Digital scooped up 4272 $BTC in Q2, ...

https://www.instagram.com/p/DM_fwuKuo7k/

[6] Strategy, Trump Media Helped Absorb Galaxy's $9 Billion ...

https://ground.news/article/galaxy-earns-307m-in-q2-as-bitcoin-holdings-ai-strategy-expand

[7] Galaxy Digital Loads Up on Bitcoin as Q2 Profits Hit $30.7M