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3w ago

Galaxy Digital Turns $30.7M Profit in Q2, Boosts Bitcoin Reserves and Data Center Capacity

Securing full 800 MW at Helios with land purchases set to enable a 3.5 GW build-out reflects its push into AI-ready infrastructure.

Galaxy Digital adds 4,272 Bitcoin in Q2, reduces ETH, XRP exposure
Galaxy earns $30.7m in Q2 as Bitcoin holdings, AI strategy expand
Galaxy digital slips 8% post earnings as investors take profits following big run higher
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Overview

  • Galaxy Digital posted $30.7 million in net income for Q2, reversing a $295 million loss in Q1.
  • The firm added 4,272 BTC in the quarter, bringing total holdings to 17,102 BTC as of June 30.
  • It ended the period with $1.2 billion in cash and stablecoins and $2.6 billion in equity.
  • Its asset platform grew to $8.9 billion in AUM and it facilitated a client sale of more than 80,000 BTC, one of the largest in crypto history.
  • CoreWeave locked in the full 800 MW at Helios and Galaxy acquired 160 adjacent acres for a prospective 3.5 GW expansion.