Galaxy Digital Posts $505M Q3 Net Income, Up 1,546% From Q2
The post Galaxy Digital Posts $505M Q3 Net Income, Up 1,546% From Q2 appeared on BitcoinEthereumNews.com.
Key Notes The firm executed a landmark $9 billion Bitcoin transaction involving approximately 80,000 BTC on behalf of institutional clients. Digital asset trading volumes surged 140% from the previous quarter, propelling adjusted EBITDA to $629 million for the period. Galaxy’s stock price climbed over 6% following the earnings announcement, reflecting strong investor confidence in its diversification strategy. Galaxy Digital Inc. (Nasdaq: GLXY) reported net income of $505 million for the third quarter of 2025, with diluted earnings per share hitting $1.01. The company’s Q3 adjusted EBITDA stood at $629 million, marking an increase primarily driven by the Digital Assets division as trading volumes and spot activity set new quarterly benchmarks. Management credited a sharp increase in digital asset volumes—up 140% from Q2—as a key factor in the profit jump. The Global Markets segment posted a record adjusted gross profit of $295 million, driven by robust spot and derivatives trading, as well as the execution of a $9 billion Bitcoin BTC $111 942 24h volatility: 1.0% Market cap: $2.23 T Vol. 24h: $92.42 B sale, comprising approximately 80,000 BTC, on behalf of a client. CoinSpeaker reported this sale in July 2025. Galaxy’s Q3 2025 results are in. pic.twitter.com/6XU9edN1za — Galaxy (@galaxyhq) October 21, 2025 Galaxy’s total platform assets reached $17 billion at the quarter’s end, with $8.8 billion in assets under management and $6.6 billion under stake. The company held $1.9 billion in cash and stablecoins as of September 30, 2025. Capital for operations was supported by a $460 million equity investment from a leading global asset manager, with $325 million in net proceeds earmarked for Helios campus expansion and corporate objectives, according to the press release. Strong Outlook for Data Center and Asset Management Galaxy gave a brief update on its Helios Data Center in West Texas, noting continued progress…
