Galaxy Digital has reported an impressive quarterly profit of $505 million, attributed to a remarkable 140% increase in trading volumes, reflecting heightened institutional engagement in cryptocurrency markets.

The financial results indicate that Galaxy’s net income for the quarter ending September 30 rose significantly, with adjusted earnings reported at $629 million, spurred by exceptional performances in its digital asset operations and investment gains. As of the end of the quarter, the company held $3.2 billion in equity, including $1.9 billion in cash and stablecoins.

Galaxy Digital Q3 Earnings Report Galaxy’s Q3 2025 results. Source: Galaxy

Trading volumes signified a considerable uptick, rising 140% compared to the previous quarter, fueled by increased activity in both spot and derivatives markets. Included in this quarter’s achievements was a substantial transaction involving the sale of over 80,000 Bitcoin (BTC), marking one of the largest cryptocurrency trades recorded.

While the identity of the client remains undisclosed, the sale was reported to be part of a “broader estate planning strategy,” according to previous coverage by Cointelegraph.

In addition to its core trading focus, Galaxy is enhancing its presence in data center and high-performance computing, particularly with its Helios campus in Texas, which is expected to yield profitable returns beginning mid-2026.

In August, Galaxy secured a loan of $1.4 billion aimed at expanding the Helios facility, predicting yearly revenues of around $1 billion through a future partnership with CoreWeave, a U.S. cloud computing entity concentrating on GPU infrastructure for AI workloads.

Following the earnings announcement, Galaxy Digital’s shares surged nearly 16% during trading before settling down to approximately $43, up about 9% for the day.

Galaxy Digital Stock Performance Galaxy Digital (GLXY) has gained more than 84% this year. Source: Yahoo Finance

Despite Bitcoin’s relatively stable performance during the third quarter, Ether (ETH) achieved multi-year high prices, with various other digital currencies demonstrating renewed upward momentum. CoinGecko’s Q3 2025 report revealed that the global cryptocurrency market expanded for a third consecutive quarter, adding approximately $563 billion in value, raising the total to $4 trillion, the highest since 2021. This aligns with Galaxy’s favorable quarterly results, showcasing ongoing strength in the digital asset sector.

Furthermore, Galaxy remains proactive in strategic endeavors, adapting to the evolving yet occasionally contentious digital asset treasury trend. During this quarter, it announced intentions to partake in a $1.65 billion Solana treasury initiative alongside Cantor Fitzgerald, Multicoin Capital, and Jump Crypto.

As reported by Cointelegraph, the continuing bullish market sentiment is also evident in exchange-traded products, with significant inflows recorded in Bitcoin and Ether iShares funds managed by BlackRock, contributing positively to their quarterly earnings.