Galaxy Digital reports $241M loss for 2025

Cryptocurrency financial services firm Galaxy Digital (GLXY) announced a net loss of $241 million for the 2025 fiscal year in its annual report on April 8. According to The Block, while the loss was primarily attributed to unrealized losses on its digital asset and investment positions, the company's core operations, including trading, lending, and asset management, proved profitable, generating $505 million in gross profit. Galaxy recently received approval to expand the power capacity of its Helios data center to 1.6 gigawatts (GW). The company has signed a long-term agreement to supply 800 megawatts (MW) of this capacity to AI cloud computing firm CoreWeave, solidifying its business in high-performance computing (HPC) and AI infrastructure.