Cryptocurrency financial services firm Galaxy Digital (GLXY) announced a net loss of $241 million in its 2025 fiscal year annual report on the 8th. According to The Block, this loss was primarily attributed to unrealized losses related to digital assets and investment positions, but the digital assets segment, including trading, lending, and asset management, recorded a gross profit of $505 million, confirming the profitability of its core operating businesses. Galaxy recently obtained approval to expand the power capacity of its Helios data center to 1.6 gigawatts (GW). It has signed a long-term contract to supply 800 megawatts (MW) of this capacity to AI cloud computing company CoreWeave, thereby solidifying its high-performance computing (HPC) and AI infrastructure business.
