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Galaxy Digital, a global crypto-focused financial services firm, reported financial results for the second quarter of 2025 on Aug. 5. The company generated a revenue of $8.66 million in Q2, down 2.5% year-over-year. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at $211 million, owing to a rise in virtual assets and other investments on its balance sheet.
Galaxy also increased its Bitcoin holdings to 17,102 coins, worth $1.94 billion, adding 4,272 BTC during Q2. It also held $325 million in Ethereum, $180 million in SOL, and $45.8 million in XRP, among other crypto assets, with crypto assets worth $3.56 billion in carrying value.
However, Galaxy's earnings per...