Galaxy Digital Reports $323 Million Third-Quarter Net Profit

Galaxy Digital reported $323 million in third-quarter net profit, diluted earnings per share of $0.66 and adjusted earnings per share of $0.83, according to BlockBeats.

Profit and balance-sheet figures

Adjusted gross profit was $569 million and adjusted EBITDA was $455 million. As of September 30, Galaxy Digital reported $3 billion in total shareholders equity and $4.9 billion in cash, stablecoins and U.S. Treasury securities. The company also repurchased 9.8 million shares and received approval for an additional $200 million repurchase authorization during the year.

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