**Galaxy Digital Inc. Reports Annual Financial Results, Focuses on AI Expansion**
Galaxy Digital Inc., a financial services and digital asset company, reported a net loss of $241.3 million for the year ended December 31, 2025, a significant shift from the $346.7 million net income reported in the previous fiscal year. The company's total revenue reached $60.4 million, marking a 42% increase compared to $42.6 million in 2024. This growth was primarily driven by a substantial rise in digital asset sales, which offset declines in proprietary mining revenue. Adjusted EBITDA for the year stood at $33.7 million, a considerable decrease from the $715.4 million reported in 2024, reflecting the impact of market volatility and strategic shifts within the company.
The company's financial performance was influenced by several key factors, including fluctuations in digital asset prices and the broader adoption of digital assets by institutional investors. As of December 31, 2025, Galaxy Digital held approximately $12.3 billion in assets across its platform, serving over 1,600 trading counterparties. Strategic developments during the year included the launch of GalaxyOne, a retail financial technology platform, and the expansion of its data center business through lease agreements with CoreWeave, Inc. These agreements aim to provide high-performance computing infrastructure to meet the growing demand for AI and HPC applications.
Operationally, Galaxy Digital has been actively developing its Helios data center campus in West Texas, with plans to deliver 133 MW of critical IT load by the end of the first half of 2026. The company has secured approval for over 1.6 GW of gross power capacity at the campus, with additional capacity slated for future expansion. The company's employee headcount exceeded 700 full-time employees worldwide as of December 31, 2025, with approximately 530 employees based in the United States.
Looking ahead, Galaxy Digital is focused on expanding its AI/HPC data center business and leveraging its expertise in digital assets to capitalize on emerging opportunities in the financial technology sector. The company is subject to various risks and uncertainties, including regulatory changes, market volatility, and competition from both traditional financial institutions and emerging crypto-native entities. The company's future performance will depend on its ability to navigate these challenges and execute its strategic initiatives effectively.
About Galaxy Digital Inc.
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