Galaxy Digital reported a net loss of $241 million in 2025, with its data center business expanding to 1.6 gigawatts

Galaxy Digital Inc. (NASDAQ/Toronto Stock Exchange: GLXY) today released its financial report for the fourth quarter and full year of 2025. The company reported a net loss of $241 million for the year, with a loss per share of -$0.61, primarily impacted by the decline in digital asset prices and approximately $160 million in one-time costs. Nevertheless, the company achieved an adjusted gross profit of $426 million for the year, with adjusted EBITDA of $34 million.

As of the end of 2025, Galaxy's total equity reached $3 billion, with cash and stablecoin holdings of $2.6 billion. The company successfully completed a restructuring and went public on NASDAQ in 2025, while its Global Markets business achieved record trading volumes and consulting fee revenues. The total assets of the asset management platform reached $12 billion, with a net inflow of $2 billion for the year.

In the data center business, Galaxy signed a long-term agreement with CoreWeave for 800 megawatts and received ERCOT approval to expand the total power capacity of the Helios data center to 1.6 gigawatts, with the first data hall expected to be delivered in the first quarter of 2026. The company also strengthened its financial position through a $325 million equity financing and a $1.3 billion note issuance.