Bitcoin News Today: Galaxy Digital Turns Profitable in Q2 on Bitcoin Gains and Strong Treasury Performance

Galaxy Digital returned to profitability in Q2 2025, posting a net income of $30.7 million and $211 million in adjusted EBITDA, a stark turnaround from a $295 million loss in the previous quarter [1]. The firm’s performance was driven by strategic Bitcoin accumulation and strong treasury gains. Over the period, Galaxy added 4,272 BTC to its holdings, bringing the total to 17,102 BTC, valued at $1.95 billion [2]. This growth in digital assets played a central role in reversing the firm’s financial trajectory, particularly as its treasury operations generated $228 million in gross profit [3].

The Global Markets division contributed significantly to Galaxy’s recovery, achieving a 28% quarter-over-quarter increase in adjusted gross profit to $55.4 million, despite a 22% decline in trading volume [1]. Meanwhile, the digital assets segment reported $71.4 million in adjusted gross profit, up 10% from Q1, although EBITDA remained flat at $13 million due to rising expenses [2]. These results underscored Galaxy’s ability to outperform broader market trends and expand its loan book to $1.1 billion [3].

Operationally, Galaxy reached key milestones in Q2. It completed the sale of over 80,000 BTC on behalf of a client—one of the largest transactions in its history. The Helios data center campus also saw major expansion, with CoreWeave committing to the full 800 megawatts of approved capacity [1]. Additionally, Galaxy secured 160 more acres and a 1 gigawatt interconnection, positioning the Helios campus to support up to 3.5 gigawatts of power [2]. These developments reinforced the company’s infrastructure capabilities and long-term scalability.

Galaxy’s asset management and infrastructure solutions segment also demonstrated resilience, with assets under management and stake rising 27% to $9 billion, despite a 26% decline in profit due to lower staking rewards and slower on-chain activity [3]. The growth was attributed to higher crypto prices and fresh capital inflows, reflecting the segment’s adaptability in a fluctuating market.

Following a corporate reorganization, Galaxy began trading on Nasdaq under the ticker GLXY in May 2025, a milestone that marked its increased visibility in the public market [1]. The firm’s Q2 results highlight its strategic focus on operational expansion, institutional confidence in Bitcoin, and disciplined investment in digital assets. With these factors in place, Galaxy Digital appears well-positioned for sustained growth in the evolving crypto landscape [2].

Source: [1] https://www.ainvest.com/news/bitcoin-news-today-galaxy-digital-turns-profitable-q2-btc-gains-strong-markets-division-performance-2508/

[2] https://m.economictimes.com/crypto-news-today-live-05-aug-2025/liveblog/123103087.cms

[3] https://www.ainvest.com/news/bitcoin-news-today-public-companies-boost-crypto-holdings-signaling-institutional-confidence-2508/