The official OKX app features seamless multilingual interface switching, providing global users with barrier-free trading experience. Our innovative social copy trading system connects you with professional strategies, while open API supports customized q
Download for Android Download for IOS
Galaxy Digital Holdings Ltd. reported a remarkable turnaround in Q2 2025, posting $30.7 million net income after suffering a $295 million loss in the previous quarter. The digital asset firm's strategic accumulation of Bitcoin proved pivotal, with holdings surging 31% to 17,102 BTC 【worth $1.95 billion】 during the period.
The company's digital asset portfolio reached $3.56 billion, with Bitcoin constituting over 50% of fair-valued assets. Other significant holdings included Ethereum, USDC stablecoin, and altcoins like Solana and XRP. ——"All our businesses are firing on all cylinders,"—— declared CEO Mike Novogratz, noting July 2025 as the firm's strongest performance month.
Galaxy executed several landmark deals including: • Facilitating an 80,000 BTC client transaction — one of the largest on record • Expanding its Helios data center to 800MW capacity with potential 3.5GW upgrade • Completing Nasdaq listing under ticker GLXY in May
The infrastructure division secured an additional 160 acres for development while onboarding CoreWeave as anchor tenant. Novogratz described Helios as potentially becoming "a top five datacenter globally" upon full buildout.
The firm achieved $211 million adjusted EBITDA, driven by: • $228 million treasury gains • 10% growth in digital asset profits ($71.4M) • 28% surge in global markets performance ($55.4M)
Interestingly, while trading volumes declined 22%, Galaxy's markets unit outperformed sector trends through effective margin lending strategies. The average loan book expanded to $1.1 billion during the quarter.
With assets under management growing 27% to $9 billion, Galaxy demonstrates resilience in volatile markets. The firm's diversified approach — combining trading, mining infrastructure, and investment management — positions it uniquely for crypto's institutional adoption phase.
As of press time, Galaxy's stock shows 18% quarterly growth, reflecting investor confidence in its multi-pronged cryptocurrency strategy. The company continues expanding its venture capital arm after recently closing a $175 million crypto investment fund.