How Galaxy Digital Smashed Q3 Earnings Expectations w/ Jonathan Goldowsky

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Welcome back to The Mining Pod! Today, Jonathan Goldowsky, Head of Investor Relations at Galaxy Digital, joins us to talk about Galaxy’s record-breaking Q3 2025 with $505M in net income and $29.2B in revenue. We discuss the launch of Galaxy One, their new fintech platform, Galaxy’s CoreWeave AI data center deal at their Helios campus in Texas, the historic 80,000+ Bitcoin trade, and what Galaxy’s pivot to AI infrastructure really means for the company’s bitcoin mining arm.

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**Notes:**

• Net income: $505M in Q3 2025

• Total revenue: $29.2B, up 223% YoY

• Largest Bitcoin trade ever: 80,000+ BTC sold

• Assets on platform: $17B all-time high

• CoreWeave deal: 800MW at Helios campus

• Mining capacity reduced from 6+ EH/s to 1.5-2 EH/s

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