Galaxy Digital Records Best Quarter Ever, Stock Surges 7%

It’s been a strong year for crypto-facing companies like Galaxy Digital. Crypto investment firm Galaxy Digital Inc. (Nasdaq: GLXY) (TSX: GLXY) reported its strongest quarter on record for the three and nine months ended September 30, 2025. The company posted substantial gains in net income and adjusted EBITDA.  The company’s results were supported by robust trading activity across digital assets and treasury operations. According to InvestingPro data, Galaxy Digital has returned 175.62% over the past year, despite high volatility in crypto markets.  Q3 2025 performance hits new records Galaxy Digital’s digital assets and treasury segments drove record quarterly performance.  Source: Galaxy Digital Trading volumes surged 140% from Q2 2025, a result of high spot and derivatives activity. Notably, the firm executed the sale of over 80,000 Bitcoin (BTC) behalf of a client, contributing to all-time high platform assets of approximately $17 billion by quarter’s end. Financial highlights for Q3 2025 also include: Net income: $505 million Diluted EPS: $1.01 Adjusted EPS: $1.12 Adjusted EBITDA: $629 million Total equity: $3.2 billion Cash and stablecoins: $1.9 billion Digital Assets delivered an adjusted gross profit of $318 million and adjusted EBITDA of $250 million, reflecting record results in Global Markets and ongoing momentum in Asset Management & Infrastructure Solutions. Global Markets posted adjusted gross profit of $295 million, while Asset Management & Infrastructure Solutions contributed $23 million, boosted by over $2 billion of net inflows into alternatives and ETFs. Meanwhile, Galaxy’s Data Centers segment continues to progress on schedule, with Phase I of the Helios campus set to deliver 133 MW of critical IT load to CoreWeave in early 2026. The company secured a $1.4 billion project financing facility, fully funding the Phase I build. Phase II agreements with CoreWeave bring total commitment to 800 MW of approved power capacity for AI and HPC operations. Galaxy COO Chris Ferraro called the construction pace “extraordinary,” noting over 500,000 labor hours and 700 workers daily. The first data hall is set to power on in early December, followed by commissioning. Galaxy also advanced strategic initiatives: the October 6 launch of GalaxyOne provides U.S. investors access to cash, cryptocurrency, and equities through a single platform. On October 10, a $460 million equity investment from a global asset manager, with net proceeds of $325 million, will further fund the Helios data center campus and support corporate growth. Michael Novogratz, founder and CEO, highlighted the company’s achievements, stating, “Q3 was the best quarter in Galaxy Digital’s history.”   “We have for eight years been trying to build a brand of confidence and trust,” he added. Record quarter sends Galaxy Digital stock soaring Following the announcement, Galaxy Digital’s stock closed at $44, up 7.57% from the previous close of $39.65. In pre-market trading, shares climbed 10.97%, near the 52-week high of $44.15. Its price is currently around $42.43. GLXY stock price Source: TradingView The stock has delivered a remarkable six-month return of 244.08%, with a beta of 3.85 indicating above-market volatility. If you’re looking to add crypto exposure to your portfolio, then GLXY might be an underrated option.