Bitcoin News Today: Galaxy Digital turns $295M loss into $30.7M profit on Bitcoin gains and business rebound

Galaxy Digital recorded a net income of $30.7 million in Q2 2025, a stark contrast to the $295 million loss it reported in the previous quarter [1]. The firm’s recovery was driven by strong performance in its Global Markets division and unrealized gains from its Bitcoin holdings [2]. By the end of the quarter, Galaxy’s Bitcoin holdings had increased to 17,102 BTC, a 33.3% rise from Q1, as the company added 4,272 BTC to its portfolio [3]. The value of these holdings stood at approximately $1.83 billion, reflecting a 50% surge in Bitcoin’s price during the quarter.

The Digital Assets division posted a 10% increase in adjusted gross profit, reaching $71.4 million, primarily due to higher trading activity and demand for margin loans [7]. However, adjusted EBITDA for this segment remained flat at $13 million, as increased reinvestments in staff and technology led to higher expenses [8]. Despite the positive earnings, Galaxy Digital’s stock dropped 7% following the report, as investors opted to take profits after recent gains [4]. The firm reported $1.2 billion in cash and stablecoins, with total liquidity reaching $2.5 billion and total equity at $2.6 billion [5][6], suggesting strong financial resilience.

Beyond financial metrics, Galaxy made significant operational progress. Its Helios data center expansion advanced with CoreWeave committing to the full 800MW capacity after exercising its final option [1]. Galaxy also acquired 160 additional acres, setting the stage for potential expansion to 3.5GW of power at the Helios facility [3]. The company facilitated the sale of over 80,000 BTC on behalf of a client, highlighting its role in major cryptocurrency transactions [1].

Galaxy Digital is scheduled to host an investor webcast on August 5, 2025, to elaborate on its Q2 results and future strategy [10]. The company’s ability to reverse its Q1 loss and its expanding Bitcoin exposure underscore its adaptability in a volatile market. With a robust balance sheet and strategic investments in infrastructure, Galaxy appears well-positioned to capitalize on ongoing opportunities in the digital asset space.

Sources:

[1] Galaxy Digital Bounces Back: From $295M Loss to $31M ...

https://coincentral.com/galaxy-digital-bounces-back-from-295m-loss-to-31m-profit-in-one-quarter/

[2] 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/

[3] 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-

[4] 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/

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

[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 Reports $31M Profit in Q2 2025 as Bitcoin ...

https://blockonomi.com/galaxy-digital-reports-31m-profit-in-q2-2025-as-bitcoin-holdings-reach-17102-btc/

[8] Bitcoin News Today: Galaxy Digital Q2 Profit Surges ...

https://www.ainvest.com/news/bitcoin-news-today-galaxy-digital-q2-profit-surges-1-088-89-bitcoin-gains-strategic-expansion-2508/

[10] Galaxy Digital Posts $31M Profit as BTC Holdings Climb to 17,102 in Q2

https://www.todayonchain.com/news/