Galaxy Digital (GLXY) founder and CEO Mike Novogratz highlighted the agency’s key milestones in its 2025 annual report, marking its first 10-Okay submitting as a Nasdaq-listed firm.
Novogratz described the itemizing as greater than a milestone, calling it “a declaration that the digital financial system is actual, and that Galaxy is constructed to guide it.”
Over time, Galaxy has advanced from a pure-play digital asset agency right into a diversified platform that features asset administration, institutional buying and selling and AI-driven high-performance computing knowledge facilities.
Novogratz famous that the digital asset financial system has advanced from a speculative, area of interest market right into a mainstream trade, with even the USA now holding bitcoin on its steadiness sheet, one thing that may have been inconceivable a decade in the past.
The corporate’s largest development tailwind is its synthetic intelligence and high-performance computing technique and Helios, its AI knowledge heart campus in West Texas. The positioning has secured greater than 1.6 gigawatts of accredited energy capability via ERCOT.
The preliminary 800 megawatts is already leased to AI cloud supplier CoreWeave (CRWV), representing over $7.5 billion in capital funding. With a further 830 megawatts accredited for growth, Helios is now valued at nicely above $15 billion, in line with the report.
Novogratz’s longer-term purpose is to construct a multi-billion-dollar portfolio of digital infrastructure belongings diversified throughout areas, tenants, and applied sciences. “Demand for compute will not be a cycle, it’s a structural situation that can outline the subsequent decade.”
On the digital belongings aspect, Galaxy manages roughly $12.3 billion in platform belongings as of December 31, 2025. Its choices embody over-the-counter spot and derivatives buying and selling, lending, staking throughout 11 blockchains, together with Ethereum and Solana, ETFs, and institutional-grade custody.
In October 2025, the agency expanded into retail with GalaxyOne, a fintech platform providing FDIC-insured high-yield accounts, commission-free buying and selling in equities and crypto, and the choice to mechanically reinvest curiosity into bitcoin.
Regardless of the trade downturn within the fourth quarter of 2025, the corporate noticed a web lack of $241 million. Novogratz stays optimistic, saying the agency is “extra clear-eyed about our alternative than now we have ever been.”
