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

DeepFlowTech · 2026-04-10T01:17:39+00:00

Galaxy Digital releases 2025 financial report, despite a net loss of $241 million, core business remains profitable, with the digital asset segment's adjusted gross profit reaching $505 million, and the stock price rising 11.3%. The CEO stated that the company will focus on infrastructure development and institutional market growth.

DeepFlowTech

2026-04-10 01:17:39

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Deep Tide TechFlow news: On April 10, according to The Block, Galaxy Digital released its full-year 2025 financial report. Despite a full-year net loss of $241 million, its core business was profitable under non-GAAP measures. Among them, the digital asset business segment (covering trading, lending, asset management, and staking services) achieved an adjusted gross profit of $505 million. Fueled by this, GLXY’s stock price rose 11.3% on the day, closing at $21.15.

CEO Mike Novogratz said that the company’s Helios data center has received ERCOT approval to expand to 1.6 gigawatts, and CoreWeave has signed a contract to lease 800 megawatts of it, locking in long-term revenue sources. He emphasized that the industry is shifting from “narrative-driven” to “infrastructure-driven,” and Galaxy will continue to go deep into core tracks such as institutional markets, asset management, on-chain infrastructure, and AI data centers.

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