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Condensed Consolidated Interim Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Redeemable noncontrolling interests
Galaxy Digital Holdings, LP
Galaxy Digital Holdings, LP
Cumulative Effect, Period of Adoption, Adjusted Balance
Galaxy Digital Holdings, LP
Redeemable noncontrolling interests
Galaxy Digital Holdings, LP
Class A Unit Capital
Galaxy Digital Holdings, LP
Class A Unit Capital
Capital Units
Galaxy Digital Holdings, LP
Class A Unit Capital
Capital Units
Cumulative Effect, Period of Adoption, Adjusted Balance
Galaxy Digital Holdings, LP
Class B Unit Capital
Galaxy Digital Holdings, LP
Class B Unit Capital
Capital Units
Galaxy Digital Holdings, LP
Class B Unit Capital
Capital Units
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance (in shares) at Dec. 31, 2021             101,550,494     228,110,373  
Beginning balance at Dec. 31, 2021     $ 2,287,692   $ 161,536   $ 856,371     $ 1,431,321  
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Equity based compensation     89,860       28,994     60,866  
Contributions   $ 19,677                  
Distributions     (184,275)   (83,994)   $ (58,827)     $ (125,448)  
Vesting of Class B Units (in shares)                   560,255  
Exchange of Class B Units (in shares)             10,055,909   10,055,909 10,055,909  
Exchange of Class B Units     0       $ 68,769     $ (68,769)  
Cancellation of Class A Units (in shares)             (10,870,449)        
Cancellation of Class A Units     (55,181)       $ (55,181)        
Issuance of class A units, net of issuance cost (in shares)           14,131,494 4,075,585        
Issuance of Class A Units, net of issuance cost     6,227       $ 6,227        
Redemption of Class B Units (in shares)                 (2,671,350) (2,671,350)  
Redemption of Class B Units     (7,961)           $ (8,000) $ (7,961)  
Other     (1,258)       (832)     (426)  
Unit holders of the Company     (718,910)       $ (235,147)     $ (483,763)  
Loss for the year         (97,219)            
Income (loss) for the period     (816,129)                
Ending balance (in shares) at Dec. 31, 2022           104,811,539 104,811,539   215,943,369 215,943,369  
Ending balance at Dec. 31, 2022     1,416,194 $ 4,742 0   $ 610,374 $ 1,533   $ 805,820 $ 3,209
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Equity based compensation     83,790       27,558     56,232  
Contributions   $ 0                  
Distributions     (22,405)       $ (7,301)     $ (15,104)  
Vesting of Class B Units (in shares)                   15,226  
Exchange of Class B Units (in shares)             30,121   30,121 30,121  
Exchange of Class B Units     0       $ 141     $ (141)  
Cancellation of Class A Units (in shares)             (4,221,799)        
Cancellation of Class A Units     (10,668)       $ (10,668)        
Issuance of class A units, net of issuance cost (in shares)           8,709,592 8,679,471        
Issuance of Class A Units, net of issuance cost     11,107       $ 11,107        
Redemption of Class B Units (in shares)                 0    
Other     (103)       (121)     18  
Unit holders of the Company     228,514                
Income (loss) for the period $ (2)   228,514       $ 75,858     $ 152,656  
Ending balance (in shares) at Dec. 31, 2023           109,299,332 109,299,332   215,928,474 215,928,474  
Ending balance at Dec. 31, 2023     1,711,171   0   $ 708,481     $ 1,002,690  
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Equity based compensation     18,682       6,271     12,411  
Distributions     (36,698)       $ (12,696)     (24,002)  
Exchange of Class B Units (in shares)                 0    
Cancellation of Class A Units (in shares)           (8,234) (8,234)        
Cancellation of Class A Units     (774)       $ (774)        
Issuance of class A units, net of issuance cost (in shares)           254,387 254,387        
Issuance of Class A Units, net of issuance cost     153       $ 153        
Redemption of Class B Units (in shares)                 0    
Other     (612)       (206)     (406)  
Income (loss) for the period (1)   388,127       $ 130,339     $ 257,788  
Ending balance (in shares) at Mar. 31, 2024             109,545,485     215,928,474  
Ending balance at Mar. 31, 2024     2,080,049       $ 831,568     $ 1,248,481  
Beginning balance (in shares) at Dec. 31, 2023           109,299,332 109,299,332   215,928,474 215,928,474  
Beginning balance at Dec. 31, 2023     1,711,171   0   $ 708,481     $ 1,002,690  
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Equity based compensation     75,017       26,897     48,120  
Distributions     (55,258)       $ (19,526)     $ (35,732)  
Vesting of Class B Units (in shares)                   15,226  
Exchange of Class B Units (in shares)             81,357   81,357 81,357  
Exchange of Class B Units     0       $ 541     $ (541)  
Cancellation of Class A Units (in shares)             (1,832,402)        
Cancellation of Class A Units     (20,516)       $ (20,516)        
Issuance of class A units, net of issuance cost (in shares)           20,110,850 20,029,493        
Issuance of Class A Units, net of issuance cost     137,184       $ 137,184        
Redemption of Class B Units (in shares)                 0    
Other     32       404     (372)  
Unit holders of the Company     346,722                
Income (loss) for the period (2)   346,722       $ 116,265     $ 230,457  
Ending balance (in shares) at Dec. 31, 2024           127,577,780 127,577,780   215,862,343 215,862,343  
Ending balance at Dec. 31, 2024     2,194,352   $ 0   $ 949,730     $ 1,244,622  
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Equity based compensation     13,738       5,110     8,628  
Distributions     (9,436)       $ (3,571)     (5,865)  
Exchange of Class B Units (in shares)                 0    
Cancellation of Class A Units (in shares)           (61,040) (61,040)        
Cancellation of Class A Units     (3,288)       $ (3,288)        
Issuance of class A units, net of issuance cost (in shares)           485,977 485,977        
Issuance of Class A Units, net of issuance cost     2,247       $ 2,247        
Redemption of Class B Units (in shares)                 0    
Other     (537)       (259)     (278)  
Income (loss) for the period $ 0   (295,432)       $ (109,942)     $ (185,490)  
Ending balance (in shares) at Mar. 31, 2025           128,002,717 128,002,717   215,862,343 215,862,343  
Ending balance at Mar. 31, 2025     $ 1,901,644       $ 840,027     $ 1,061,617