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Galaxy Digital ( (TSE:GLXY) ) has shared an update.
Galaxy Digital Inc. reported a net income of $30.7 million for Q2 2025, with an adjusted EBITDA of $211 million, driven by the appreciation of digital assets and strong performance in its Digital Assets operating business. The company also announced significant corporate developments, including its Nasdaq listing, record financial performance in July, and major transactions such as the sale of over 80,000 bitcoin. Additionally, Galaxy expanded its Helios data center campus, increasing its potential power capacity to 3.5 GW, which underscores its commitment to supporting AI and high-performance computing operations.
The most recent analyst rating on (TSE:GLXY) stock is a Buy with a C$36.00 price target. To see the full list of analyst forecasts on Galaxy Digital stock, see the TSE:GLXY Stock Forecast page.
Spark’s Take on TSE:GLXY Stock
According to Spark, TipRanks’ AI Analyst, TSE:GLXY is a Outperform.
Galaxy Digital Holdings is well-positioned with strong profitability, a robust balance sheet, and strategic growth initiatives in AI and digital assets. The upcoming Nasdaq listing and UK expansion are significant positives. However, revenue volatility, cash management issues, and recent crypto market challenges weigh on the score. The technical analysis indicates potential near-term volatility, and the valuation reflects both optimism and inherent risks. Overall, while the company has a solid foundation for future growth, investors should remain cautious of market volatility and regulatory challenges.
To see Spark’s full report on TSE:GLXY stock, click here.
More about Galaxy Digital
Galaxy Digital Inc. operates in the digital assets and blockchain technology industry, offering services such as asset management, trading, and investment banking. The company focuses on leveraging digital assets and blockchain technology to provide innovative financial solutions.
Average Trading Volume: 1,277,314
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$14B
See more insights into GLXY stock on TipRanks’ Stock Analysis page.