BlockBeats News, August 5th, Galaxy Digital (GLXY) released its Q2 2026 financial report, with a net loss of $85.31 million, a significant decrease from a $216.3 million loss in Q1, primarily impacted by the decline in digital asset prices; adjusted EBITDA posted a loss of $77.26 million; as of June 30, total equity was $2.72 billion, with cash and stablecoin holdings amounting to $2.459 billion.

Breaking it down by business segment, the Digital Assets division achieved an adjusted gross profit of $65.71 million, a 34% increase from the previous quarter, with 1,741 counterparties, a 3% increase, an average loan balance of $1.438 billion, relatively stable compared to the previous quarter, and an increased loan origination volume; the company also introduced an OTC prediction market product this quarter to support institutional clients in executing multi-asset hedging strategies around event-driven markets.

In the Asset Management sector, total AUM and AUA at the end of Q2 were $7.1 billion, a 12% decrease from the previous quarter; this quarter saw the launch of the Galaxy Fintech Fund long-short hedge fund and a joint venture with State Street to launch the tokenized private placement liquidity fund SWEEP. The Data Centers division achieved profitability for the first time this quarter, with an adjusted gross profit of $20.14 million, an adjusted EBITDA of $11.49 million, and the full delivery of the first phase of 133 MW critical IT load at the Helios data center campus to CoreWeave. It is expected to contribute approximately $80 million in lease revenue per quarter starting from Q3, with a projected project-level adjusted EBITDA margin of over 90%.

In terms of corporate developments, on July 28th, Galaxy issued $3.5 billion in senior secured notes through a subsidiary to fund the construction of the Helios Phase 2; post-quarter, it successively acquired three new sites in Texas (Merlin, Caspian, Selene) with a total potential capacity of approximately 2.1 GW, bringing the company's overall power pipeline scale to over 5.7 GW. Additionally, Galaxy signed a multi-year partnership agreement with BNY to support BNY's digital asset custody platform with collateral services.