Galaxy Digital posts $323M Q3 profit, adds $200M buyback
- —Q3 net income of $323M versus an $85M loss in Q2
- —Data center adjusted EBITDA climbed to $69M from $11M
- —Total assets rose 51% quarter-over-quarter to $16.4B; equity at $3.0B
- —Completed a $3.5B senior secured notes offering for Helios I Phase II
Why it matters: The profit is largely mark-to-market, but scaling data centers and $4.9B liquidity reduce execution risk on the Helios buildout.
Source: Crypto Briefing