Galaxy Digital swings to $323M Q3 profit and adds a $200M buyback
Photo: Crypto Briefing
Investment gains and a fast-growing data center business powered Galaxy's rebound from an $85 million second-quarter loss Galaxy Digital spent the second quarter of 2026 in the red. Three months later, it is posting a $323 million net income for the third quarter. The prior quarter’s figure was an $85 million loss. That is a sharp reversal for one quarter, and the board is marking it with another $200 million share repurchase authorization. Most of the swing came from investment gains in Galaxy’s Treasury & Corporate segment.
Source: Crypto Briefing
