Galaxy Digital Releases First Nasdaq Annual Report

Galaxy Digital released its inaugural annual report as a Nasdaq-listed company on April 9, 2026, outlining an eight-year evolution from a cryptocurrency-focused firm to a diversified platform emphasizing regulated blockchain infrastructure and artificial intelligence data centers. The New York-based company, founded in 2018, detailed strategies to support institutional adoption amid growing demand for digital finance solutions.

The report, the company's first 10-K filing with the Securities and Exchange Commission, highlighted Galaxy's resilience through market cycles, including the 2022 crypto downturn when it acquired the site for its flagship Helios data center. Despite a net loss of $241 million for 2025, attributed largely to unrealized losses on digital assets and investments, Galaxy's core operations showed profitability on an adjusted basis. Its Digital Assets segment, encompassing trading, lending, asset management, and staking services across 11 blockchains like Ethereum and Solana, generated $505 million in adjusted gross profit. The filing also noted management of $12.3 billion in platform assets as of December 31, 2025, including over-the-counter spot and...