Galaxy Digital's Q3 earnings report sets a record: net income soars 1500% to $505 million, and stock price rises nearly 9%.

Galaxy Digital delivered an “explosive” earnings report in Q3 2025, with net income surging over 1500% to $505 million, marking the company's best quarterly performance in its seven-year history. This astonishing rise was primarily driven by the cryptocurrency asset treasury company business (DATs) and artificial intelligence (AI) computing infrastructure data center business. Following this favourable information, Galaxy Digital's stock price soared nearly 9% after the U.S. stock market opened on Tuesday, with a current market capitalization of approximately $16.5 billion, highlighting its dual strategic success in the digital asset and AI infrastructure sectors.

Core Business Driver: Digital Asset Finance and Global Market Innovation High

The success of Galaxy Digital is largely attributed to its precise grasp of the digital asset financial technology (DATs) craze, as well as the strong performance of its global market division.

· DATs become a rise engine: Galaxy Digital's adjusted total profit is $728 million, a quarter-on-quarter rise of 143%. More than half (over $4.5 billion) of the assets come from digital asset finance. This translates to over $40 million in recurring fee revenue annually.

· Complete service chain: Given that the assets controlled by DATs, including Ethereum assets and Bitcoin assets, account for about 3.5% of the circulation of their respective tokens, and these holdings have tripled since July, Galaxy provides staking, professional custody, and portfolio management services for these companies. For example, Ethereum assets can earn a 3% return through staking.

· Record-breaking global market activity: Galaxy's global market division adjusted total profit soared by 432% to $295 million, setting a new historical high. Its activities included a $9 billion notional value Bitcoin sale and an increase in counterparties to 1,532. The division's trading and lending business contributed $295 million in revenue this quarter, with expectations to exceed $1.2 billion by 2025.

The Huge Bet on AI Infrastructure: Helios Data Center Lays the Foundation for Long-Term Revenue

In addition to encryption financial services, Galaxy's strategic bet on artificial intelligence infrastructure is seen as key to achieving billion-dollar annual revenue in the future.

· Helios project fully funded: Galaxy secured $1.4 billion in project financing for the first phase of its Helios data center campus, which fully supports the $1.7 billion construction cost, ensuring the delivery of 133 megawatts of capacity by mid-2026.

· CoreWeave's Commitment: Galaxy has signed a leasing agreement with AI computing company CoreWeave, committing to utilize the entire 800 megawatts of power capacity at the site, which is sufficient to power a small city. Galaxy profits by developing data centers and renting power and infrastructure to CoreWeave.

· Huge revenue potential: Galaxy predicts that once the new Helios power plant in Texas is fully operational, its annual average revenue will exceed $1 billion, comparable to the company's entire trading business. Helios's revenue is expected to begin contributing in the first half of 2026.

Financial Performance and Balance Sheet: Strong Growth and Diversified Layout

Galaxy's strong performance is reflected in its optimized balance sheet and diversified capital allocation, providing a solid foundation for future growth.

· Net income and EBITDA soar: Galaxy's net income for the third quarter reached $505 million, a rise of 1,546% compared to the previous quarter. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) surged by 198% to $629 million.

· Strengthening of asset strength: As of the end of the third quarter, the company's total share capital rose by 21% to $3.2 billion. The cash and stablecoin balance surged by 62% to $1.9 billion, and net digital assets and investments increased by 14% to $2.1 billion.

· Diversification and Strategic Allocation: Galaxy's total revenue reached $29.2 billion, attributed to widespread participation in the digital asset market and asset appreciation. The company allocates equity capital to three sectors: digital assets (40%), data centers (25%), and finance and corporate (35%), reflecting its diversified risk exposure in BTC, Ethereum, and SOL holdings, ETFs, and venture capital.

Conclusion

Galaxy Digital's record-breaking third-quarter financial report not only proves its strong capabilities in the digital asset financial services sector but also highlights its strategic vision for achieving long-term, high-growth revenue through substantial investments in AI computing infrastructure. The synergy of the two growth engines, crypto asset finance and AI data centers, positions Galaxy Digital as one of the few financial giants with institutional scale and diversified businesses in the intersection of crypto and future technologies. With the Helios project delivered on time, Galaxy Digital's future revenue potential is limitless.

Disclaimer: This article is for news information only and does not constitute any investment advice. The encryption market is highly volatile, and investors should make cautious decisions.