Update
Galaxy Digital Reports Q3 Financial Results
Galaxy Digital's Treasury & Corporate segment generated $348 million in net income for the third quarter, exceeding the group's $323 million total. Data Centers reported a $435,000 net loss despite $69 million in adjusted EBITDA. The company's Oct. 27 results highlight the new earnings stream from AI data center lease operations, which generated $69 million in adjusted EBITDA, but still posted a $435,000 net loss. Galaxy's Data Centers segment's operating contribution is substantial, with $79 million in lease revenue for the quarter.