Galaxy Digital, a number one digital property and AI infrastructure agency, right now launched its Q2 2025 monetary outcomes, reporting a notable improve in Bitcoin (BTC) holdings by 4,272 BTC. On the identical time, the corporate has scaled again its publicity to different cryptocurrencies, together with Ethereum (ETH), signaling a shift in portfolio allocation technique.
Galaxy Digital Will increase Bitcoin Holdings, Cuts Again On Ethereum
Based on the Q2 2025 report, Galaxy Digital posted a internet earnings of $30.7 million for the quarter, reflecting sturdy monetary efficiency throughout its core enterprise segments. A key milestone throughout the quarter was the corporate’s official itemizing on Nasdaq below the ticker GLXY, which happened on March 16.
Galaxy’s internet digital asset holdings now stand at roughly $1.2 billion at present market costs – a 40% improve in comparison with Q1 2025. The leap in portfolio worth was largely pushed by the sharp rise in Bitcoin’s worth over the previous three months.
To recap, BTC was buying and selling close to $70,500 on March 31. By June 30, it had surged to $108,700, marking a acquire of greater than 50% in only one quarter.
The desk beneath exhibits that as of June 30, the agency held 17,102 BTC, up from 12,830 BTC on the finish of Q1. Nevertheless, this accumulation got here alongside a discount within the firm’s ETH and XRP positions, suggesting a cautious or rebalanced method towards altcoins.
Particularly, Galaxy’s ETH holdings declined from 155,026 ETH on March 31 to 90,521 ETH by the tip of June. Different digital property within the agency’s portfolio embody Solana (SOL), Hype (HYP), SUI, and stablecoins reminiscent of Circle’s USDC.
Along with adjustments in crypto holdings, the agency additionally reported a robust improve in property below administration (AUM), which rose to $8.9 billion – up 27% quarter-over-quarter. Belongings below stake additionally climbed to $3.1 billion, representing a 34% improve. The corporate anticipates continued power into Q3, stating:
July marked the strongest month-to-month monetary efficiency for our Digital Belongings working enterprise within the agency’s historical past, with report ends in World Markets and regular progress in Asset Administration & Infrastructure Options.
Will Galaxy Digital Alter Its Crypto Technique?
Whereas Galaxy Digital elevated its BTC holdings and lowered ETH publicity in Q2, latest developments counsel the agency might alter its portfolio technique based mostly on capital rotation and shifting market traits.
Final week, a Satoshi-era Bitcoin pockets linked to Galaxy Digital initiated a large sale of twenty-two,700 BTC. The sell-off weighed in the marketplace, bringing Bitcoin’s internet realized revenue all the way down to $1.4 billion.
In the meantime, Galaxy Digital CEO Mike Novogratz lately said that Ethereum is prone to outperform Bitcoin within the close to time period, citing ETH’s increasing ecosystem and accelerating innovation. At press time, BTC trades at $113,230, down 1.6% up to now 24 hours.
Featured picture from Unsplash.com, charts from Galaxy Digital and TradingView.com
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