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Condensed Consolidated Interim Statements of Financial Position - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Current assets      
Cash and cash equivalents $ 1 $ 1 $ 3
Total current assets 1 1 3
Non-current assets      
Total assets 1 1 3
Stockholder’s equity      
Total liabilities and stockholder’s equity 1 1 3
Galaxy Digital Holdings, LP      
Current assets      
Cash and cash equivalents 509,438 462,103 316,610
Digital intangible assets (includes $1,671.3 and $1,997.4 million measured at fair value) 2,123,860 2,547,581 972,429
Digital financial assets 514,479 359,665 74,386
Digital assets loan receivable, net of allowance 280,095 579,530 104,504
Investments 545,754 834,812 0
Assets posted as collateral 506,634 277,147 318,195
Derivative assets 128,353 207,653 173,209
Accounts receivable (includes $4.5 and $4.2 million due from related parties) 28,864 55,279 60,929
Digital assets receivable 17,674 53,608 14,686
Loans receivable 407,966 476,620 377,105
Prepaid expenses and other assets 29,884 26,892 36,924
Total current assets 5,093,001 5,880,890 2,448,977
Non-current assets      
Digital assets receivable 1,996 7,112 6,174
Investments (includes $669.6 and $745.5 million measured at fair value) 736,060 808,694 735,103
Digital intangible assets 15,030 20,979 41,356
Loans receivable, non-current 56,800 0 10,259
Property and equipment, net 262,216 237,038 213,348
Other non-current assets 113,052 107,105 94,806
Goodwill 58,037 58,037 44,257
Total non-current assets 1,243,191 1,238,965 1,145,303
Total assets 6,336,192 7,119,855 3,594,280
Current liabilities:      
Derivative liabilities 89,702 165,858 160,642
Accounts payable and accrued liabilities (includes $111.0 and $96.9 million due to related parties) 270,468 281,531 140,376
Digital assets borrowed 1,760,455 1,497,609 398,277
Payable to customers — Cash     3,442
Loans payable 345,249 510,718 93,069
Collateral payable 943,513 1,399,655 581,362
Other current liabilities 73,358 13,034 40,936
Total current liabilities 3,502,033 3,887,925 1,418,104
Non-current liabilities      
Notes payable 763,798 845,186 408,053
Other non-current liabilities 162,114 192,392 56,952
Total non-current liabilities 932,515 1,037,578 465,005
Total liabilities 4,434,548 4,925,503 1,883,109
Commitments and contingencies (Note 17)  
Stockholder’s equity      
Unit holder’s capital 1,901,644 2,194,352 1,711,171
Total stockholder’s equity 1,901,644 2,194,352 1,711,171
Total liabilities and stockholder’s equity 6,336,192 7,119,855 3,594,280
Galaxy Digital Holdings, LP | Carrying Value      
Current liabilities:      
Accounts payable and accrued liabilities (includes $111.0 and $96.9 million due to related parties) 270,468 281,531 140,376
Payable to customers — Cash 19,288 19,520 3,442
Galaxy Digital Holdings, LP | Related Party      
Current assets      
Accounts receivable (includes $4.5 and $4.2 million due from related parties) 4,500 4,200 1,600
Current liabilities:      
Accounts payable and accrued liabilities (includes $111.0 and $96.9 million due to related parties) $ 111,000 $ 96,900 $ 66,900