Galaxy Reports $323 Million Net Profit in Q3, Authorizes Additional $200 Million Stock Buyback

Galaxy Digital has announced its financial results for the third quarter of 2026, reporting a net profit of $323 million, compared to a net loss of $85 million in the previous quarter. Adjusted EBITDA was $455 million, with an adjusted earnings per share of $0.83. At the end of the quarter, the company had total assets of $16.4 billion, with cash, stablecoins, and U.S. Treasury securities totaling $4.9 billion. Year-to-date, the company has repurchased 9.8 million shares, and the board has approved an additional $200 million stock buyback authorization. The company’s data center power project reserves have expanded to over 5.7 gigawatts, and it has completed a $3.5 billion issuance of senior secured notes for the construction of Helios I Phase II.