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.