Galaxy Digital posts $31M profit as Bitcoin holdings climb to 17,102 in Q2
Galaxy Digital added over 4,200 BTC in the second quarter, helping the company return to profitability after a $295 million loss in Q1.
Galaxy Digital reported a net income of $30.7 million for the second quarter of 2025, reversing the $295 million loss recorded in the previous quarter.
The digital asset and infrastructure company cited gains in balance sheet holdings and a strong performance from its global markets division as key drivers of the recovery, according to a Tuesday news release.
The quarter ended with Galaxy’s Bitcoin holdings increasing to 17,102 Bitcoin (BTC), valued at $1.95 billion. The company held 13,704 BTC at the end of the first quarter, suggesting that it added 4,272 BTC in Q2, the company disclosed in a financial supplement.
Source: Cointelegraph →Related News
- 18 minutes ago
Bitcoin price breakout to $117K liquidates bears, opening door to fresh all-tim...
- 2 hours ago
US bill proposes 21st-century privateers to take on cybercrime
- 3 hours ago
ETH data and return of investor risk appetite pave path to $5K Ether price
- 3 hours ago
US court grants brief stay in Coinbase lawsuit involving biometric data
- 3 hours ago
ETH hits new all-time high above $4,870 as Fed turns dovish, Ether ETF inflows...