ChainThink report, October 27: Galaxy Digital posted a net profit of $323 million in Q3, reversing the previous quarter's loss of $85 million;

Adjusted EBITDA reached $455 million. Total assets increased by 51% month-over-month to $16.4 billion, with cash, stablecoins, and U.S. Treasuries totaling $4.9 billion—nearly doubling from the prior quarter.

Digital asset trading volume grew 12% month-over-month, while asset management and staking assets combined rose 46% to $10.4 billion. The company entered into a multi-year partnership with Bank of New York Mellon, providing staking support for its digital asset custody platform.

Adjusted EBITDA for the data center business surged nearly fivefold month-over-month to $69 million. Helios Phase I delivered 133 MW of computing power to CoreWeave and entered its first full operational quarter;

Phase II is fully funded and under construction, with the company issuing $3.5 billion in senior secured notes. The overall power pipeline exceeds 5.7 GW, with data center deliveries expected to begin in Q2 2027.

The company’s $200 million share repurchase program initiated in February was completed on October 15, with approximately 9.8 million shares repurchased; the board approved an additional $200 million repurchase authorization on October 26.