Galaxy Digital delivered a record-breaking performance in the third quarter, powered by a massive surge in trading activity and significant strategic progress in its data center business.
Record Quarterly Financial Performance
Galaxy Digital announced its strongest quarterly results to date in Q3 2025, with a net income of $505 million. This profitability was significantly supported by a powerful performance in its core Digital Assets operating business.
A key driver was the explosive growth in trading, with digital asset trading volumes jumping 140% from the previous quarter. This activity propelled the adjusted gross profit for its Global Markets division to $318 million. The firm’s overall financial position strengthened, with total equity growing to $3.2 billion and combined cash and stablecoin holdings rising to $1.9 billion.
Strategic Growth and Business Diversification
Beyond trading, other areas of Galaxy’s business also showed robust growth. The company’s Asset Management and Infrastructure Solutions arm also saw growth, bringing in $23 million of adjusted gross profit. The total assets on Galaxy’s platform reached an all-time high of approximately $17 billion.
Strategically, the company made significant advances in its data center initiative. The firm secured a $460 million equity investment from a leading global asset manager to accelerate the development of its Helios campus in Texas. This campus is poised to become a major AI and high-performance computing hub, with partner CoreWeave committing to the full 800 MW of approved power capacity under a long-term lease agreement. The first revenue from this venture is expected in the first half of 2026.
Market Reaction and Forward Outlook
The market responded very positively to these results and developments. Following the earnings announcement, Galaxy’s stock (GLXY) saw a significant pre-market jump of 10% and closed the day up 7.57%.
Looking ahead, Galaxy Digital is not only consolidating its role as a leader in the digital assets space but is also successfully executing a diversification strategy into high-growth areas like AI infrastructure. The firm continues to expand its unified platform, GalaxyOne, aimed at serving U.S. retail investors. This combination of record-breaking core operations and strategic expansion into future-proof sectors positions the company for sustained long-term growth.
