Galaxy Digital Holdings LP’s Condensed Consolidated Interim Statements of Operations and Other Comprehensive Income (Loss)


	Three Months Ended				Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025

Revenues	$	8,576,213	8,661,535		$	18,617,657	21,637,741
Gains / (losses) from operations	134,320		395,094		306,101		274,763
Revenues and gains / (losses) from operations	8,710,533		9,056,629		18,923,758		21,912,504
Operating expenses:
Transaction expenses	8,480,005		8,629,940		18,496,750		21,576,951
Impairment of digital assets	181,348		127,477		465,750		239,906
Other operating expenses	180,672		137,582		330,020		325,839
Total operating expenses	8,842,025		8,894,999		19,292,520		22,142,696

Other income / (expense):	736		(124,925)		1,440		(34,647)

Net income / (loss) before taxes	$	(130,756)	$	36,705	$	(367,322)	$	(264,839)
Income taxes expense / (benefit)	5,000		5,858		14,794		(254)
Net income / (loss)	$	(135,756)	$	30,847	$	(382,116)	$	(264,585)
Other comprehensive income (loss)	3,492		—		8,043		—
Comprehensive income (loss)	$	(132,264)	$	30,847	$	(374,073)	$	(264,585)

Galaxy Digital Holdings LP’s Condensed Consolidated Interim Statements of Financial Position


	June 30, 2026		December 31, 2025
Assets
Cash and cash equivalents	$	893,878	$	1,244,395
Digital assets	3,517,411		4,541,661
Digital assets receivable	6,389		8,497
Digital assets loan receivable, net of allowance	786,680		1,078,929
Investments	1,542,079		1,732,305
Assets posted as collateral	164,314		199,983
Loans receivable	959,374		562,376
Property and equipment, net	2,218,204		1,423,113
Other assets	495,615		397,651
Total assets	$	10,583,944	$	11,188,910
Liabilities and Equity
Digital assets borrowed	1,514,469		2,417,268
Loans payable	427,377		188,176
Collateral payable	1,933,066		1,980,171
Notes payable	3,262,758		2,861,055
Other liabilities	962,153		847,563
Total liabilities	8,099,823		8,294,233

Total equity	2,484,121		2,894,677

Total liabilities and equity	$	10,583,944	$	11,188,910