Galaxy Digital Recorded a net loss of $85.31 million in the second quarter, with cash and stablecoin holdings of $2.459 billion
2026-08-05 19:24:23
According to CoinMeta, Galaxy Digital released its financial report for the second quarter of 2026, reporting a net loss of $85.31 million, which is a reduction from the $216.3 million loss in the first quarter. After adjustments, EBITDA reported a loss of $77.26 million. As of June 30th, the company's total equity was $2.72 billion, with cash and stablecoin holdings amounting to $2.459 billion. The digital assets business had a gross profit of $65.71 million after adjustments, and the asset management business managed assets and pledged assets totaling $7.1 billion. The data center business had a gross profit of $20.14 million after adjustments, with EBITDA reporting a profit of $11.49 million. The first phase of the Helios data center campus, including 133 MW, has been delivered IT, and it is expected to contribute $80 million in rental income per quarter starting from the third quarter. On July 28th, Galaxy issued $3.5 billion in senior secured notes and acquired three new locations in Texas after the quarter, bringing the company's overall power infrastructure capacity to exceed 5.7 GW.
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Source:Internet
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