earnings
confidence high
sentiment neutral
materiality 0.75
Galaxy Digital Q2 2026 net loss $85M; expands data center pipeline to 5.7 GW
Galaxy Digital Inc.
- Q2 2026 net loss of $85M, diluted EPS ($0.09); adjusted EBITDA ($77M).
- Total equity $2.7B, cash & stablecoins $2.5B as of June 30, 2026.
- Acquired three Texas data center sites (Merlin, Caspian, Selene) with total power pipeline over 5.7 GW.
- Completed $3.5B senior secured notes offering due 2031 to fund Helios I Phase II construction.
- Delivered first phase of Helios data center (200 MW gross) to CoreWeave under 15-year lease; entered BNY partnership for digital asset custody and staking.