Galaxy Digital Inc. Historical Select Financial Data as of Q2 2025 The information contained in this supplement speaks only as of the particular date or dates included in the accompanying pages. Galaxy Digital Inc. (the "Company") does not undertake an obligation to, and disclaims any duty to, update any of the information provided. The information contained in this supplement contains certain financial and other information reproduced or derived from more comprehensive information contained in our periodic reports and other filings with the Securities and Exchange Commission ("SEC"). The information contained in this supplement is unaudited and is not intended as a substitute for, and should be read in the context of, the information contained in these other documents. In the event of any conflict, the information contained in our periodic reports and other filings with the SEC shall take precedence. Exhibit 99.3
Consolidated Statements of Operations (Unaudited) Three Months Ended Year Ended ($ in thousands) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 Consolidated Revenues and gains / (losses) from operations Digital asset sales 8,564,980 12,849,568 15,648,238 8,464,827 8,785,677 9,257,178 51,488,120 Fees 16,992 11,517 27,816 20,722 26,528 28,128 50,811 Blockchain rewards 41,162 71,112 84,761 48,099 37,680 10,274 5,685 Proprietary mining 944 11,236 15,430 11,435 16,312 20,128 33,121 Revenues from contracts with customers 8,624,078 12,943,433 15,776,245 8,545,083 8,866,197 9,315,708 51,577,737 Blockchain rewards from non-customers 5,243 5,364 2,423 1,944 674 2,910 982 Lending 32,234 27,409 29,085 23,630 16,020 16,754 48,060 Revenues 8,661,555 12,976,206 15,807,753 8,570,657 8,882,891 9,335,372 51,626,779 Gains / (losses) from operations 395,094 (120,331) 544,613 141,633 (18,180) 493,051 582,860 Revenues and gains / (losses) from operations 9,056,649 12,855,875 16,352,366 8,712,290 8,864,711 9,828,423 52,209,639 Operating Expenses Digital asset sales costs 8,546,795 12,839,085 15,630,871 8,454,159 8,769,445 9,247,968 51,441,223 Blockchain reward distributions 33,382 56,446 60,760 39,330 29,829 379 2,565 Borrowing costs 41,710 33,838 37,466 26,632 18,779 17,883 18,171 Mining and hosting costs 741 5,534 11,909 10,013 10,466 15,255 20,772 Other transaction expenses 7,312 12,107 9,790 6,000 6,317 6,606 11,352 Transaction expenses 8,629,940 12,947,010 15,750,796 8,536,134 8,834,836 9,288,091 51,494,083 Impairment of digital assets 127,477 112,429 140,980 108,467 56,947 25,525 98,340 Compensation and benefits 64,969 56,953 85,977 57,290 61,253 61,071 219,256 Notes interest expense 14,240 14,071 9,683 7,105 7,040 6,976 27,285 Depreciation and amortization 7,458 13,591 13,416 13,007 10,956 9,500 22,945 Other expenses 46,172 103,643 221,913 29,427 32,358 30,306 93,564 Total operating expenses 8,890,256 13,247,697 16,222,765 8,751,430 9,003,390 9,421,469 51,955,473 Notes payable - derivative (125,150) 89,606 (16,583) (2,858) (2,573) (9,713) (9,603) Other income / (expense), net 918 672 166 783 1,612 213 (135) Total other income / (expense) (124,232) 90,278 (16,417) (2,075) (961) (9,500) (9,738) Net income / (loss) for the period, before taxes 42,161 (301,544) 113,184 (41,215) (139,640) 397,454 244,428 Tax expense / (benefit) 11,470 (6,112) (4,337) (7,885) (14,044) 9,327 15,914 Net income / (loss) for the period 30,691 (295,432) 117,521 (33,330) (125,596) 388,127 228,514
Reconciliation to Non-GAAP Adjusted Gross Profit Revenues and gains / (losses) from operations 9,056,649 12,855,875 16,352,366 8,712,290 8,864,711 9,828,423 52,209,639 Less: Impairment of digital assets 127,477 112,429 140,980 108,467 56,947 25,525 98,340 Less: transaction expenses 8,629,940 12,947,010 15,750,796 8,536,134 8,834,836 9,288,091 51,494,083 Adjusted gross profit 299,232 (203,564) 460,590 67,689 (27,072) 514,807 617,216 Reconciliation to Non-GAAP Adjusted EBITDA Net income 30,691 (295,432) 117,521 (33,330) (125,596) 388,127 228,514 Equity based compensation 18,783 10,014 24,242 17,713 23,257 20,532 86,174 Notes interest expense and other expense 12,042 16,269 11,770 9,107 8,863 8,593 32,113 Taxes 11,470 (6,112) (4,337) (7,885) (14,044) 9,327 15,914 Depreciation and amortization expense 7,458 12,613 12,203 12,110 10,956 9,500 22,945 Settlement expense 1,557 3,977 182,462 — — — — Unrealized (gain) / loss on notes payable - derivative 125,150 (89,606) 16,582 2,859 2,573 9,713 9,603 Mining related impairment loss / loss on disposal 15 57,014 — — — 1,682 Other (income) / expense, net (806) (660) (167) (781) (1,612) (213) 183 Reorganization and domestication costs 4,867 2,419 680 1,227 759 578 3,742 Adjusted EBITDA 211,227 (289,503) 360,956 1,020 (94,844) 446,157 400,870
Statements of Operations by Segment (Unaudited) Three Months Ended Year Ended ($ in thousands) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 Digital Assets Revenues and gains / (losses) from operations Digital asset sales 8,564,980 12,849,568 15,648,238 8,464,827 8,785,677 9,257,178 51,488,120 Fees 19,087 14,580 21,974 14,527 19,607 18,854 29,240 Blockchain rewards 42,550 80,700 80,941 53,590 37,142 8,251 3,230 Proprietary mining — — — — — — — Revenues from contracts with customers 8,626,617 12,944,848 15,751,153 8,532,944 8,842,426 9,284,283 51,520,590 Blockchain rewards from non-customers 1,205 1,055 1,308 960 674 2,910 982 Lending 27,923 25,626 27,251 21,905 15,873 15,376 43,919 Revenues 8,655,745 12,971,529 15,779,712 8,555,809 8,858,973 9,302,569 51,565,491 Gains / (losses) from operations 55,470 92,370 108,297 71,158 (3,073) 66,958 87,907 Revenues and gains / (losses) from operations 8,711,215 13,063,899 15,888,009 8,626,967 8,855,900 9,369,527 51,653,398 Operating Expenses Digital asset sales costs 8,546,795 12,839,085 15,630,870 8,454,159 8,769,445 9,247,968 51,441,223 Blockchain reward distributions 38,321 67,766 63,448 44,590 33,099 5,594 3,069 Borrowing costs 6,437 5,789 13,933 5,762 1,948 4,009 8,825 Mining and hosting costs — — — — — — — Other transaction expenses 4,925 8,220 6,755 5,240 5,612 5,620 8,473 Transaction expenses 8,596,478 12,920,860 15,715,006 8,509,751 8,810,104 9,263,191 51,461,590 Impairment of digital assets 43,307 78,308 72,048 47,931 10,333 8,934 47,791 Compensation and benefits 45,347 38,826 47,250 41,027 45,374 42,275 148,909 Notes interest expense — — — — — — — Depreciation and amortization 3,560 3,555 3,389 3,568 3,182 1,307 4,344 Other expenses 25,058 18,821 20,908 15,835 17,932 14,050 44,854 Total operating expenses 8,713,750 13,060,370 15,858,601 8,618,112 8,886,925 9,329,757 51,707,488 Notes payable - derivative — — — — — — — Other income / (expense), net — — — — — — — Total other income / (expense) — — — — — — — Net income / (loss) for the period, before taxes (2,535) 3,529 29,408 8,855 (31,025) 39,770 (54,090) Tax expense / (benefit) — — — — — — — Net income / (loss) for the period (2,535) 3,529 29,408 8,855 (31,025) 39,770 (54,090)
Reconciliation to Non-GAAP Adjusted Gross Profit Revenues and gains / (losses) from operations 8,711,215 13,063,899 15,888,009 8,626,967 8,855,900 9,369,527 51,653,398 Less: impairment of digital assets 43,307 78,308 72,048 47,931 10,333 8,934 47,791 Less: transaction expenses 8,596,478 12,920,860 15,715,006 8,509,751 8,810,104 9,263,191 51,461,590 Adjusted gross profit 71,430 64,731 100,955 69,285 35,463 97,402 144,017 Reconciliation to Non-GAAP Adjusted EBITDA Net income (2,535) 3,529 29,408 8,855 (31,025) 39,770 (54,090) Equity based compensation 11,826 5,942 12,947 11,128 17,128 13,620 51,716 Notes interest expense and other expense — — — — — — — Taxes — — — — — — — Depreciation and amortization expense 3,560 3,555 3,389 3,568 3,182 1,307 4,344 Settlement expense — — — — — — — Unrealized (gain) / loss on notes payable - derivative — — — — — — — Mining related impairment loss / loss on disposal — — — — — — — Other (income) / expense, net 112 12 — — — — 48 Reorganization and domestication costs — — — — — — — Adjusted EBITDA 12,963 13,038 45,744 23,551 (10,715) 54,697 2,018 Key Performance Metrics Global Markets Loan book size (average, $ actuals) 1,107,328 874,028 861,201 668,144 536,611 493,636 371,994 Total trading counterparties 1,445 1,381 1,328 1,280 1,212 1,161 1,052 Asset Management & Infrastructure Solutions Assets on Platform ($ actuals) 8,921,116 7,019,827 9,900,611 8,029,155 6,647,675 8,304,473 5,416,370 ETFs 3,326,798 2,598,011 3,482,253 2,589,448 2,392,210 2,729,560 1,588,611 Alternatives 2,444,463 2,079,150 2,182,916 2,046,078 2,111,247 5,088,712 3,584,341 Assets under stake 3,149,855 2,342,666 4,235,442 3,393,629 2,144,218 486,201 243,418
Statements of Operations by Segment (Unaudited) Three Months Ended Year Ended ($ in thousands) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 Data Centers Revenues and gains / (losses) from operations Digital asset sales — — — — — — — Fees — — — — — — — Blockchain rewards — — — — — — — Proprietary mining — — — — — — — Revenues from contracts with customers — — — — — — — Blockchain rewards from non-customers — — — — — — — Lending — — — — — — — Revenues — — — — — — — Gains / (losses) from operations — — — — — — Revenues and gains / (losses) from operations — — — — — — — Operating Expenses Digital asset sales costs — — — — — — — Blockchain reward distributions — — — — — — — Borrowing costs — — — — — — — Mining and hosting costs — — — — — — — Other transaction expenses — — — — — — — Transaction expenses — — — — — — — Impairment of digital assets — — — — — — — Compensation and benefits — 1,263 — — — — — Notes interest expense — — — — — — — Depreciation and amortization — 1,251 2,148 1,875 1,800 1,674 5,548 Other expenses — 385 — — — — — Total operating expenses — 2,899 2,148 1,875 1,800 1,674 5,548 Notes payable - derivative — — — — — — — Other income / (expense), net — — — — — — — Total other income / (expense) — — — — — — — Net income / (loss) for the period, before taxes — (2,899) (2,148) (1,875) (1,800) (1,674) (5,548) Tax expense / (benefit) — — — — — — — Net income / (loss) for the period — (2,899) (2,148) (1,875) (1,800) (1,674) (5,548)
Reconciliation to Non-GAAP Adjusted Gross Profit Revenues and gains / (losses) from operations — — — — — — — Less: impairment of digital assets — — — — — — — Less: transaction expenses — — — — — — — Adjusted gross profit — — — — — — — Reconciliation to Non-GAAP Adjusted EBITDA Net income — (2,899) (2,148) (1,875) (1,800) (1,674) (5,548) Equity based compensation — 471 — — — — — Notes interest expense and other expense — — — — — — — Taxes — — — — — — — Depreciation and amortization expense — 1,251 2,148 1,875 1,800 1,674 5,548 Settlement expense — — — — — — — Unrealized (gain) / loss on notes payable - derivative — — — — — — — Mining related impairment loss / loss on disposal — — — — — — — Other (income) / expense, net — — — — — — — Reorganization and domestication costs — — — — — — — Adjusted EBITDA — (1,177) — — — — —
Statements of Operations by Segment (Unaudited) Three Months Ended Year Ended ($ in thousands) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 Treasury and Corporate Revenues and gains / (losses) from operations Digital asset sales — — — — — — — Fees (2,095) (3,063) 5,842 6,195 6,921 9,274 21,571 Blockchain rewards (1,388) (9,588) 3,820 (5,491) 538 2,023 2,455 Proprietary mining 944 11,236 15,430 11,435 16,312 20,128 33,121 Revenues from contracts with customers (2,539) (1,415) 25,092 12,139 23,771 31,425 57,147 Blockchain rewards from non-customers 4,038 4,309 1,115 984 — — — Lending 4,311 1,783 1,834 1,725 147 1,378 4,141 Revenues 5,810 4,677 28,041 14,848 23,918 32,803 61,288 Gains / (losses) from operations 339,624 (212,701) 436,316 70,475 (15,107) 426,093 494,953 Revenues and gains / (losses) from operations 345,434 (208,024) 464,357 85,323 8,811 458,896 556,241 Operating Expenses Digital asset sales costs — — — — — — — Blockchain reward distributions (4,939) (11,320) (2,688) (5,260) (3,270) (5,215) (504) Borrowing costs 35,273 28,049 23,533 20,870 16,831 13,874 9,346 Mining and hosting costs 741 5,534 11,909 10,013 10,466 15,255 20,772 Other transaction expenses 2,387 3,887 3,035 760 705 986 2,879 Transaction expenses 33,462 26,150 35,789 26,383 24,732 24,900 32,493 Impairment of digital assets 84,170 34,121 68,932 60,536 46,614 16,591 50,549 Compensation and benefits 19,622 16,864 38,727 16,264 15,879 18,796 70,347 Notes interest expense 14,240 14,071 9,683 7,105 7,040 6,976 27,285 Depreciation and amortization 3,898 8,785 7,879 7,564 5,974 6,519 13,053 Other expenses 21,114 84,437 201,005 13,592 14,426 16,256 48,710 Total operating expenses 176,506 184,428 362,015 131,444 114,665 90,038 242,437 Notes payable - derivative (125,150) 89,606 (16,583) (2,858) (2,573) (9,713) (9,603) Other income / (expense), net 918 672 166 783 1,612 213 (135) Total other income / (expense) (124,232) 90,278 (16,417) (2,075) (961) (9,500) (9,738) Net income / (loss) for the period, before taxes 44,696 (302,174) 85,925 (48,196) (106,815) 359,358 304,066 Tax expense / (benefit) 11,470 (6,112) (4,337) (7,885) (14,044) 9,327 15,914 Net income / (loss) for the period 33,226 (296,062) 90,262 (40,311) (92,771) 350,031 288,152
Reconciliation to Non-GAAP Adjusted Gross Profit Revenues and gains / (losses) from operations 345,434 (208,024) 464,357 85,323 8,811 458,896 556,241 Less: impairment of digital assets 84,170 34,121 68,932 60,536 46,614 16,591 50,549 Less: transaction expenses 33,462 26,150 35,789 26,383 24,732 24,900 32,493 Adjusted gross profit 227,802 (268,295) 359,636 (1,596) (62,535) 417,405 473,199 Reconciliation to Non-GAAP Adjusted EBITDA Net income 33,226 (296,062) 90,262 (40,311) (92,771) 350,031 288,152 Equity based compensation 6,957 3,601 11,295 6,585 6,129 6,912 34,458 Notes interest expense and other expense 12,042 16,269 11,770 9,107 8,863 8,593 32,113 Taxes 11,470 (6,112) (4,337) (7,885) (14,044) 9,327 15,914 Depreciation and amortization expense 3,898 7,807 6,666 6,667 5,974 6,519 13,054 Settlement expense 1,557 3,977 182,462 — — — — Unrealized (gain) / loss on notes payable - derivative 125,150 (89,606) 16,582 2,859 2,572 9,713 9,603 Mining related impairment loss / loss on disposal 15 57,014 — — — — 1,682 Other (income) / expense, net (918) (672) (167) (781) (1,612) (213) 135 Reorganization and domestication costs 4,867 2,419 680 1,227 759 578 3,742 Adjusted EBITDA 198,264 (301,364) 315,213 (22,532) (84,130) 391,460 398,853
Balance Sheet Net Digital Asset and Investment Exposure (Unaudited) Period ended ($ in thousands) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 Net Digital Asset Exposure Bitcoin 748,147 516,628 808,778 848,757 642,406 875,546 441,594 Ether 195,638 149,810 262,033 172,345 233,470 303,442 272,013 Other token exposure 330,434 241,075 417,641 304,631 324,295 424,738 143,689 Net Digital Asset Exposure 1,274,219 907,513 1,488,452 1,325,733 1,200,171 1,603,726 857,296 Venture and Fund Investment Exposure 718,306 623,189 625,571 599,321 577,702 550,907 555,045 Total Net Digital Asset and Investment Exposure 1,992,525 1,530,702 2,114,023 1,925,054 1,777,873 2,154,633 1,412,341
Consolidated Statements of Financial Position (Unaudited) ($ in thousands) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 Assets Current assets Cash and cash equivalents 691,331 509,438 462,103 271,977 314,033 247,232 316,610 295,001 301,625 399,943 542,101 1,038,176 1,073,854 934,177 Digital intangible assets 3,186,098 2,123,860 2,547,581 2,367,770 1,851,966 1,853,704 972,429 821,069 834,149 693,645 362,383 654,036 593,602 1,679,217 Digital financial assets 369,649 514,479 359,665 103,447 83,125 102,744 74,386 131,824 275,194 141,363 199,632 191,292 251,540 362,220 Digital assets loan receivable, net of allowance 894,876 280,095 579,530 305,276 177,230 95,218 104,504 80,442 47,099 45,143 49,971 110,349 69,894 172,849 Assets posted as collateral 718,649 506,634 277,147 227,050 203,942 173,390 318,195 123,499 8,783 94,886 25,138 95,140 82,786 131,623 Investments 748,290 545,754 834,812 594,564 508,380 578,975 — — 17,878 — — — — — Derivative assets 134,907 128,353 207,653 141,961 153,470 341,336 173,209 45,442 69,083 92,209 18,763 23,909 29,718 45,744 Accounts receivable 41,393 28,864 55,279 30,309 82,646 169,739 60,929 54,535 65,146 41,794 30,874 41,057 86,591 137,570 Digital assets receivable 2,668 17,674 53,608 43,118 44,576 24,132 14,686 7,528 9,620 20,296 12,423 21,012 17,287 50,355 Loans receivable 529,021 407,966 476,620 398,510 404,991 402,722 377,105 247,276 316,647 188,976 62,611 76,028 131,045 303,534 Prepaid expenses and other assets 39,898 29,884 26,892 31,452 26,643 34,724 36,924 54,285 33,305 31,438 33,870 52,272 63,075 34,228 Total current assets 7,356,780 5,093,001 5,880,890 4,515,434 3,851,002 4,023,916 2,448,977 1,860,901 1,978,529 1,749,693 1,337,766 2,303,271 2,399,392 3,851,517 Non-current assets Digital intangible assets 3,014 15,030 20,979 56,789 22,372 52,859 41,356 — — — — — — — Digital assets receivable 3,397 1,996 7,112 7,015 3,854 18,065 6,174 3,537 4,378 7,403 5,154 11,172 6,072 35,737 Digital assets loan receivable, non-current — — — 18,376 12,881 — — — — — — — — Investments 863,653 736,060 808,694 704,542 800,315 822,412 735,103 586,513 589,878 683,680 588,558 743,156 725,422 1,008,759 Loans receivable, non-current 6,675 56,800 — — — — 10,259 113,792 18,698 100,150 100,977 — — — Property and equipment, net 596,120 262,216 237,038 220,303 225,290 227,193 213,348 212,419 205,638 192,940 188,019 140,619 149,072 94,736 Other non-current assets 194,078 113,052 107,105 115,083 108,518 93,411 94,806 106,210 101,177 100,472 75,755 39,563 49,847 41,553 Goodwill 62,234 58,037 58,037 49,450 44,257 44,257 44,257 44,257 44,257 45,278 24,645 24,645 24,645 24,645 Total non-current assets 1,729,171 1,243,191 1,238,965 1,171,558 1,217,487 1,258,197 1,145,303 1,066,728 964,026 1,129,923 983,108 959,155 955,058 1,205,430 Total Assets 9,085,951 6,336,192 7,119,855 5,686,992 5,068,489 5,282,113 3,594,280 2,927,629 2,942,555 2,879,616 2,320,874 3,262,426 3,354,450 5,056,947 Liabilities and Equity Current liabilities Derivative liabilities 86,364 89,702 165,858 112,136 118,770 395,835 160,642 39,737 47,371 81,325 16,568 19,334 41,854 31,654 Accounts payable and accrued liabilities 226,080 270,468 281,531 196,855 193,841 192,441 140,376 132,877 118,492 113,052 120,955 119,823 133,891 110,213 Digital assets borrowed 2,836,370 1,760,455 1,497,609 1,163,768 950,178 975,582 398,277 272,239 355,092 308,338 170,566 501,119 425,108 864,525 Payable to customers 16,324 19,288 19,520 96,864 94,816 80,740 3,442 3,446 11,905 13,876 9,591 22,771 142,936 138,119 Loans payable 348,214 345,249 510,718 248,818 211,384 275,415 93,069 51,565 1,546 3,058 — 112,528 105,783 129,236 Collateral payable 1,869,501 943,513 1,399,655 1,154,471 811,656 684,838 581,362 520,618 440,184 349,976 131,506 206,187 189,615 755,315 Other current liabilities 88,613 73,358 13,034 166,879 116,973 116,014 40,936 50,579 7,468 11,148 8,090 19,372 37,988 81,295 Total current liabilities 5,471,466 3,502,033 3,887,925 3,139,791 2,497,618 2,720,865 1,418,104 1,071,061 982,058,000 880,773 457,276 1,001,134 1,077,175 2,110,357 Non-current Liabilities Notes payable 725,571 763,798 845,186 434,306 427,679 421,405 408,053 395,896 393,465 389,213 384,515 425,629 424,842 472,361 Digital assets borrowed, non-current 8,564 6,603 — — — — — — — — — — — — Other non-current liabilities 256,132 162,114 192,392 60,796 68,555 59,794 56,952 53,157 59,430 63,975 62,889 32,517 27,668 19,785 Total non-current liabilities 990,267 932,515 1,037,578 495,102 496,234 481,199 465,005 449,053 452,895 453,188 447,404 458,146 452,510 492,146 Total Liabilities 6,461,733 4,434,548 4,925,503 3,634,893 2,993,852 3,202,064 1,883,109 1,520,114 1,434,953 1,333,961 904,680 1,459,280 1,529,685 2,602,503 Equity Unit holders capital 1,506,321 1,901,644 2,194,352 2,052,099 2,074,637 2,080,049 1,711,171 1,407,515 1,507,602 1,545,655 1,416,194 1,746,494 1,774,695 2,306,684 Non-controlling interest 1,117,897 — — — — — — — — — — 56,652 50,070 147,760 Total Equity 2,624,218 1,901,644 2,194,352 2,052,099 2,074,637 2,080,049 1,711,171 1,407,515 1,507,602 1,545,655 1,416,194 1,803,146 1,824,765 2,454,444 Total Liabilities and Equity 9,085,951 6,336,192 7,119,855 5,686,992 5,068,489 5,282,113 3,594,280 2,927,629 2,942,555 2,879,616 2,320,874 3,262,426 3,354,450 5,056,947
Statements of Financial Position by Segment (Unaudited) ($ in thousands) June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 Digital Assets Total assets 3,575,486 3,169,254 3,723,814 2,751,744 2,514,739 2,877,544 1,978,031 Total liabilities 3,037,783 2,691,823 3,163,499 2,336,957 2,135,670 2,444,245 1,679,765 Data Centers Total assets 771,907 264,600 199,694 191,909 196,061 157,602 114,529 Total liabilities 33,144 — — — — — — Treasury and Corporate Total assets 4,738,558 2,902,338 3,196,347 2,743,339 2,357,688 2,246,967 1,501,720 Total liabilities 3,390,806 1,742,725 1,762,004 1,297,936 858,182 757,819 203,344 Consolidated Total assets 9,085,951 6,336,192 7,119,855 5,686,992 5,068,488 5,282,113 3,594,280 Total liabilities 6,461,733 4,434,548 4,925,503 3,634,893 2,993,852 3,202,064 1,883,109