Galaxy Digital Records $505 Million Net Income, Driven by Trading Surge

Galaxy Digital has achieved record-breaking net income of $505 million in Q3 2025, fueled by a surge in trading volumes and expansion at its Helios data center campus. This significant financial performance reflects the company’s strategic growth strategy in attracting institutional clients. Notably, CEO Michael Novogratz led this success, with a major Bitcoin sale contributing to enhanced liquidity within the market. The increased trading activity has significantly impacted cryptocurrency markets, boosting institutional participation and driving volume up by 140%. This dynamic has also boosted Galaxy’s lending book by 60%, demonstrating its strengthened position in the digital asset space. Further details are available in Galaxy’s Q3 2025 Financial Results Overview.