Galaxy Digital reported a Q4 2025 net loss of $482 million, driven by digital asset depreciation, but achieved a full-year adjusted gross profit of $426 million. The firm ended 2025 with $3.0 billion in equity and $2.6 billion in cash and stablecoins. Key 2025 milestones include its Nasdaq listing, a record $12 billion in platform assets, and securing 800 MW of data center agreements with CoreWeave.