Galaxy Digital returned to profitability in the second quarter, posting net income of US$30.7 million, or US$0.08 a share, after a US$295 million loss in the prior three months. Adjusted EBITDA reached US$211 million, helped by mark-to-market gains on digital-asset holdings, while gross revenues and gains from operations totaled roughly US$9.06 billion. The crypto-focused financial services firm ended June with US$9.1 billion in assets, US$2.6 billion in equity and about US$1.2 billion in cash and stablecoins. It also expanded its bitcoin position to 17,102 BTC by adding 4,272 coins during the quarter. Management said July was the strongest month in the company’s history and highlighted progress at the Helios high-performance-computing campus in Texas. Following additional land purchases and a new interconnection request, potential power capacity at the site has risen to 3.5 gigawatts. Client CoreWeave has exercised options covering the entire 800 megawatts of currently approved critical IT load under a 15-year lease, expected to generate about US$1.2 billion in average annual revenue once deliveries begin in 2026. Galaxy, which began trading on Nasdaq in May, said financing for the first phase of the Helios build-out is close to completion.