TLDR:
- Galaxy adds 4,272 BTC in Q2, lifting total holdings to 17,102 BTC by June 30.
- Q2 profit hits $30.7M after a $295M loss in Q1, with $1.2B in cash reserves.
- Helios data center expands to 800 MW, with plans to reach 3.5 GW on 1,500 acres.
- Asset platform AUM rises 27% to $8.9B, even as asset management profits slip.
Galaxy Digital is back in the green. The firm added thousands of bitcoins to its balance sheet, doubled down on cash reserves, and booked millions in quarterly profits. It also strengthened its equity position, leaving no doubt about its plans to scale in crypto and infrastructure.
The company is now betting on bigger numbers, not just in Bitcoin but in high-performance computing. For investors watching Galaxy, this quarter was proof it is building aggressively, not slowing down.
Galaxy Boosts Bitcoin Holdings and Cash Reserves
Wu Blockchain reported that Galaxy acquired 4,272 bitcoins in Q2, bringing its total stash to 17,102 BTC by June 30. Alongside that, the company held $1.2 billion in cash and stablecoins, plus $2.6 billion in equity. This mix gives Galaxy one of the strongest balance sheets in crypto finance today.
Galaxy Digital released its Q2 financial report, which includes: an addition of 4,272 bitcoins in Q2, bringing total holdings to 17,102 bitcoins as of June 30; Q2 net revenue of $30.7 million; total equity value of $2.6 billion; and holdings of $1.2 billion in cash and…
— Wu Blockchain (@WuBlockchain) August 5, 2025
Net income came in at $30.7 million for the quarter, a sharp turnaround from a $295 million loss in Q1. Adjusted EBITDA hit $211 million, driven by higher asset values and stronger trading operations. Galaxy also noted that its venture and fund investments climbed to $718 million, a 15 percent jump.
Trading stayed a key revenue engine. Global Markets generated $55.4 million in adjusted gross profit, up 28 percent despite a 22 percent dip in market-wide spot trading. Galaxy’s average loan book hit $1.1 billion, fueled by increased demand for margin lending.
Asset management delivered mixed results. Profits in that division slipped 26 percent, but total assets on the platform jumped 27 percent to $8.9 billion. The company also integrated with Fireblocks, opening up its staking services to a wider network of institutions.
Helios Data Center Pushes Forward
Galaxy’s infrastructure bet is scaling just as fast. The firm confirmed that CoreWeave exercised its option for an additional 133 megawatts of capacity at the Helios data center. With this move, the full 800 megawatts at Helios are now locked in.
To keep pace, Galaxy purchased 160 acres of land and secured a 1-gigawatt power interconnection near the campus. Once completed, Helios will cover 1,500 acres with potential capacity reaching 3.5 gigawatts. The company expects to start generating data center revenue in the first half of 2026.
Galaxy’s Q2 performance signals aggressive expansion on multiple fronts. From loading up on Bitcoin to securing massive infrastructure capacity, the firm is positioning itself for the next wave of crypto and AI demand. Investors now wait to see if Q3 brings the same momentum.