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REPORTABLE SEGMENTS - Schedule Income and Expenses by Reportable Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]          
Revenue $ 0 $ 0 $ 0 $ 0  
Total operating expenses 0 1 2 2  
Net income / (loss) for the period, before taxes 0 (1) (2) (2)  
Income tax expense / (benefit) 0 0 0 0  
Net income / (loss) 0 (1) (2) (2)  
Galaxy Digital Holdings, LP          
Segment Reporting Information [Line Items]          
Revenue 12,976,206 9,335,372 42,596,673 51,626,779 $ 119,825,847
Net gain / (loss) on digital assets (18,223) 346,393 634,557 333,450 938,365
Net gain / (loss) on investments (133,167) 63,018 258,791 97,827 (464,918)
Net gain / (loss) on derivatives trading 31,059 83,640 267,769 151,583 192,558
Revenues and gains / (losses) from operations 12,855,875 9,828,423 43,757,790 52,209,639 120,491,852
Transaction expenses 13,059,439 9,313,616 42,741,776 51,592,423 120,995,931
Compensation and benefits 56,953 61,071 265,591 219,256 216,201
Notes interest expense 14,071 6,976 30,804 27,285 37,029
Depreciation and amortization 13,591 9,500 46,892 22,945 12,852
Other expenses 103,643 30,306 313,991 93,564 179,059
Total operating expenses 13,247,697 9,421,469 43,399,054 51,955,473 121,441,072
Operating income (391,822) 406,954 358,736 254,166 (949,220)
Change in fair value of warrant liability     0 0 20,322
Unrealized gain / (loss) on notes payable – derivative 89,606 (9,713) (31,727) (9,603) 57,998
Other income / (expense), net 672 213 2,774 (135) 26,480
Total other income / (expense) 90,278 (9,500) (28,953) (9,738) 104,800
Net income / (loss) for the period, before taxes (301,544) 397,454 329,783 244,428 (844,420)
Income tax expense / (benefit) (6,112) 9,327 (16,939) 15,914 (28,291)
Unit holders of the Company     346,722 228,514 (718,910)
Net income / (loss) (295,432) 388,127 346,722 228,514 (816,129)
Redeemable noncontrolling interests     0 0 (97,219)
Galaxy Digital Holdings, LP | Digital Assets          
Segment Reporting Information [Line Items]          
Revenue 12,971,529 9,302,569 42,497,063 51,565,491 119,785,259
Net gain / (loss) on digital assets 52,204 82,590 57,560 22,527 (289,497)
Net gain / (loss) on investments (20,349) 0 17,425 0 0
Net gain / (loss) on derivatives trading 60,515 (15,632) 168,355 65,380 100,341
Revenues and gains / (losses) from operations 13,063,899 9,369,527 42,740,403 51,653,398 119,596,103
Transaction expenses 12,999,168 9,272,125 42,437,298 51,509,381 119,437,498
Compensation and benefits 38,826 42,275 175,925 148,909 134,550
Notes interest expense 0 0 0 0 0
Depreciation and amortization 3,555 1,307 11,446 4,344 0
Other expenses 18,821 14,050 68,725 44,854 95,578
Total operating expenses 13,060,370 9,329,757 42,693,394 51,707,488 119,667,626
Operating income 3,529 39,770 47,009 (54,090) (71,523)
Change in fair value of warrant liability         0
Unrealized gain / (loss) on notes payable – derivative 0 0 0 0 0
Other income / (expense), net 0 0 0 0 0
Total other income / (expense) 0 0 0 0 0
Net income / (loss) for the period, before taxes 3,529 39,770 47,009 (54,090) (71,523)
Income tax expense / (benefit) 0 0 0 0 0
Unit holders of the Company     47,009 (54,090) (71,523)
Net income / (loss) 3,529 39,770     (71,523)
Redeemable noncontrolling interests         0
Galaxy Digital Holdings, LP | Data Centers          
Segment Reporting Information [Line Items]          
Revenue 0 0 0 0 0
Net gain / (loss) on digital assets 0 0 0 0 0
Net gain / (loss) on investments 0 0 0 0 0
Net gain / (loss) on derivatives trading 0 0 0 0 0
Revenues and gains / (losses) from operations 0 0 0 0 0
Transaction expenses 0 0 0 0 0
Compensation and benefits 1,263 0 0 0 0
Notes interest expense 0 0 0 0 0
Depreciation and amortization 1,251 1,674 7,497 5,548 0
Other expenses 385 0 0 0 0
Total operating expenses 2,899 1,674 7,497 5,548 0
Operating income (2,899) (1,674) (7,497) (5,548) 0
Change in fair value of warrant liability         0
Unrealized gain / (loss) on notes payable – derivative 0 0 0 0 0
Other income / (expense), net 0 0 0 0 0
Total other income / (expense) 0 0 0 0 0
Net income / (loss) for the period, before taxes (2,899) (1,674) (7,497) (5,548) 0
Income tax expense / (benefit) 0 0 0 0 0
Unit holders of the Company     (7,497) (5,548) 0
Net income / (loss) (2,899) (1,674)     0
Redeemable noncontrolling interests         0
Galaxy Digital Holdings, LP | Treasury and Corporate          
Segment Reporting Information [Line Items]          
Revenue 4,677 32,803 99,610 61,288 40,588
Net gain / (loss) on digital assets (70,427) 263,803 576,997 310,923 1,227,862
Net gain / (loss) on investments (112,818) 63,018 241,366 97,827 (464,918)
Net gain / (loss) on derivatives trading (29,456) 99,272 99,414 86,203 92,217
Revenues and gains / (losses) from operations (208,024) 458,896 1,017,387 556,241 895,749
Transaction expenses 60,271 41,491 304,478 83,042 1,558,433
Compensation and benefits 16,864 18,796 89,666 70,347 81,651
Notes interest expense 14,071 6,976 30,804 27,285 37,029
Depreciation and amortization 8,785 6,519 27,949 13,053 12,852
Other expenses 84,437 16,256 245,266 48,710 83,481
Total operating expenses 184,428 90,038 698,163 242,437 1,773,446
Operating income (392,452) 368,858 319,224 313,804 (877,697)
Change in fair value of warrant liability         20,322
Unrealized gain / (loss) on notes payable – derivative 89,606 (9,713) (31,727) (9,603) 57,998
Other income / (expense), net 672 213 2,774 (135) 26,480
Total other income / (expense) 90,278 (9,500) (28,953) (9,738) 104,800
Net income / (loss) for the period, before taxes (302,174) 359,358 290,271 304,066 (772,897)
Income tax expense / (benefit) (6,112) 9,327 (16,939) 15,914 (28,291)
Unit holders of the Company     $ 307,210 $ 288,152 (647,387)
Net income / (loss) $ (296,062) $ 350,031     (744,606)
Redeemable noncontrolling interests         $ (97,219)