Galaxy Digital, a leading digital assets and AI infrastructure firm, today released its Q2 2025 financial results, reporting a notable increase in Bitcoin (BTC) holdings by 4,272 BTC. At the same time, the company has scaled back its exposure to other cryptocurrencies, including Ethereum (ETH), signaling a shift in portfolio allocation strategy.
Galaxy’s net digital asset holdings now stand at approximately $1.2 billion at current market prices – a 40% increase compared to Q1 2025. The jump in portfolio value was largely driven by the sharp rise in Bitcoin’s price over the past three months.
To recap, BTC was trading near $70,500 on March 31. By June 30, it had surged to $108,700, marking a gain of more than 50% in just one quarter.
The table below shows that as of June 30, the firm held 17,102 BTC, up from 12,830 BTC at the end of Q1. However, this accumulation came alongside a reduction in the company’s ETH and XRP positions, suggesting a cautious or rebalanced approach toward altcoins.
Specifically, Galaxy’s ETH holdings declined from 155,026 ETH on March 31 to 90,521 ETH by the end of June. Other digital assets in the firm’s portfolio include Solana (SOL), Hype (HYP), SUI, and stablecoins such as Circle’s USDC.
In addition to changes in crypto holdings, the firm also reported a strong increase in assets under management (AUM), which rose to $8.9 billion – up 27% quarter-over-quarter. Assets under stake also climbed to $3.1 billion, representing a 34% increase. The company anticipates continued strength into Q3, stating:
July marked the strongest monthly financial performance for our Digital Assets operating business in the firm’s history, with record results in Global Markets and steady progress in Asset Management & Infrastructure Solutions.
While Galaxy Digital increased its BTC holdings and reduced ETH exposure in Q2, recent developments suggest the firm may adjust its portfolio strategy based on capital rotation and shifting market trends.
