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REVENUES (Tables)
3 Months Ended
Mar. 31, 2025
Galaxy Digital Holdings, LP  
Disaggregation of Revenue [Line Items]  
Schedule of Disaggregation of Revenue
The following tables provide additional details related to the Company’s Revenues for the three months ended March 31, 2025 and 2024.
(in thousands)Digital AssetsData CentersTreasury and Corporate
March 31, 2025
Digital assets sales$12,849,568 $— $— $12,849,568 
Fees14,580 — (3,063)11,517 
Blockchain rewards80,700 — (9,588)71,112 
Proprietary mining— — 11,236 11,236 
Revenues from contracts with customers
12,944,848  (1,415)12,943,433 
Blockchain rewards from non-customers1,055 — 4,309 5,364 
Lending25,626 — 1,783 27,409 
Total revenues
$12,971,529 $ $4,677 $12,976,206 
(in thousands)Digital AssetsData CentersTreasury and Corporate
March 31, 2024
Digital assets sales$9,257,178 $— $— $9,257,178 
Fees18,854 — 9,274 28,128 
Blockchain rewards8,251 — 2,023 10,274 
Proprietary mining— — 20,128 20,128 
Revenues from contracts with customers
9,284,283  31,425 9,315,708 
Blockchain rewards from non-customers2,910 — — 2,910 
Lending15,376 — 1,378 16,754 
Total revenues
$9,302,569 $ $32,803 $9,335,372 
The following table provides additional details related to the Company’s Revenues for the years ended December 31, 2024, 2023, and 2022:
(in thousands)Digital AssetsData CentersTreasury and CorporateDecember 31, 2024
Digital assets sales$42,155,920 $— $— $42,155,920 
Fees74,962 — 28,232 103,194 
Blockchain rewards179,924 — 890 180,814 
Proprietary mining— — 63,305 63,305 
Revenues from contracts with customers
42,410,806  92,427 42,503,233 
Blockchain rewards from non-customers5,852 — 2,099 7,951 
Lending80,405 — 5,084 85,489 
Total revenues
$42,497,063 $ $99,610 $42,596,673 
(in thousands)Digital AssetsData CentersTreasury and CorporateDecember 31, 2023
Digital assets sales$51,488,120 $— $— $51,488,120 
Fees29,240 — 21,571 50,811 
Blockchain rewards3,230 — 2,455 5,685 
Proprietary mining— — 33,121 33,121 
Revenues from contracts with customers
51,520,590  57,147 51,577,737 
Blockchain rewards from non-customers982 — — 982 
Lending43,919 — 4,141 48,060 
Total revenues
$51,565,491 $ $61,288 $51,626,779 
(in thousands)Digital AssetsData CentersTreasury and CorporateDecember 31, 2022
Digital assets sales$119,724,879 $— $— $119,724,879 
Fees31,104 — 3,167 34,271 
Blockchain rewards— — 7,510 7,510 
Proprietary mining— — 29,911 29,911 
Revenues from contracts with customers
119,755,983  40,588 119,796,571 
Blockchain rewards from non-customers— — — — 
Lending29,276 — — 29,276 
Total revenues
$119,785,259 $ $40,588 $119,825,847