Galaxy Annual Report Released: Core Business Profitable, Stock Price Surges Over 11% in a Single Day

MeNews · 2026-04-10T03:23:17+00:00

Galaxy Digital releases 2025 financial report, despite a net loss of $241 million, core business turns profitable, with an adjusted gross profit of $505 million, driving an 11.3% increase in stock price. CEO reveals Helios data center expansion to 1.6 gigawatts, focusing on institutional markets and infrastructure sectors.

MeNews

2026-04-10 03:23:17

Abstract generation in progress

ME News Report, April 10 (UTC+8), Galaxy Digital released its full-year 2025 financial report. Although the report shows a net loss of $241 million for the year, the company’s core business still achieved profitability under non-GAAP metrics. The digital asset business segment, including trading, lending, asset management, and staking services, achieved an adjusted gross profit of $505 million. This performance drove GLXY’s stock price up 11.3%, to $21.15. CEO Mike Novogratz revealed that the company’s Helios data center has received ERCOT approval and expanded to 1.6 gigawatts, with 800 megawatts already leased to CoreWeave, ensuring long-term revenue. He pointed out that the industry is shifting from “narrative-driven” to “infrastructure-driven,” and Galaxy will continue to focus on institutional markets, asset management, on-chain infrastructure, and AI data centers. (Source: MLion)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.