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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities          
Income / (loss) for the period $ 0 $ (1) $ (2) $ (2)  
Changes in operating assets and liabilities:          
Net cash provided by / (used in) operating activities 0 (1) (2) (2)  
Investing activities          
Cash held in deconsolidated funds     0 0 $ (19,039)
Financing activities          
Receipts from non-controlling interests liability holders     0 0 16,169
Disbursements to non-controlling interests liability holders     0 0 (12,114)
Cancellation of Class A Units withheld     (20,516) (10,668) (53,347)
Redemption of Class B Units     0 0 (7,961)
Net increase / (decrease) in cash and cash equivalents 0 (1) (2) (2)  
Cash and cash equivalents, beginning of period 1 3 3 5  
Cash and cash equivalents, end of period 1 2 1 3 5
Significant noncash investing and financing activities:          
Repayments of loans receivable with non-cash considerations     0 0 93,551
Origination of loans receivable with noncash consideration     10,787 10,669 64,750
Recognition of right of use asset and lease liability     0 1,730 4,497
Additions to property, plant and equipment and intangible assets     160 11,724 8,998
Payable for investments purchased     3,431 0 0
Proceeds from investments received as non-cash contributions     6,714 0 0
Reclassification between derivatives and investments     389 18,786 0
Deconsolidation of investment funds     0 0 56,256
In-kind receipts from noncontrolling interests liability holders     0 0 3,508
In-kind disbursements to noncontrolling interests liability holders     0 0 9,331
Galaxy Digital Holdings, LP          
Operating activities          
Income / (loss) for the period (295,432) 388,127 346,722 228,514 (816,129)
Adjustments for:          
Digital assets sales revenue (5,535,721) (1,242,643) (11,150,499) (24,498,135) (51,758,250)
Digital assets sales cost 5,552,501 1,179,478 11,264,933 24,463,949 49,273,681
Impairment of digital assets 49,070 3,253 89,774 46,757 2,628,402
Provision for credit losses     3,635 0 10,123
Depreciation and amortization 13,591 9,500 46,892 22,945 12,852
Other impairment 49,222 0 101 0 52,077
Equity based compensation 13,738 18,652 74,857 81,654 89,029
Noncash expense from borrowing 25,327 16,064 70,544 8,230 35,457
Noncash lending and net staking income (34,839) (20,436) (100,472) (24,915) (36,786)
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 realized loss on disposal     0 2,111 2,046
Net (gain) /loss on derivatives trading (31,059) (83,640) (267,769) (151,583) (192,558)
Net unrealized gain / (loss) on notes payable – derivative (89,606) 9,713 31,727 9,603 (57,998)
Change in fair value of warrant liability     0 0 (20,322)
Net (gain) on sale of mining equipment     0 0 (512)
Noncash notes interest expense 14,071 6,976 17,454 13,935 22,552
Net deferred tax expense / (benefit) (7,152) 3,514 (8,386) 2,498 (13,575)
Impact of exchange rate on cash and other (1,208) (1,329) 682 390 1,974
Changes in operating assets and liabilities:          
Digital assets 198,148 244,945 153,175 148,322 1,404,046
Digital assets receivable 41,528 197 33 (2,617) (18,010)
Derivative assets / liabilities 34,203 151,095 238,931 122,422 210,471
Accounts receivable 24,753 (1,353) 3,491 7,957 57,075
Prepaid expenses and other assets (3,562) 2,199 10,030 (8,548) (64,851)
Other non-current assets     0 2,000 2,394
Assets posted as collateral 0 (12,409) 2,091 (2,091) 0
Collateral payable (25,577) 11,717 63,629 (46,681) 30,398
Accounts payable and accrued liabilities (15,069) (3,852) 91,512 18,195 (60,283)
Other current liabilities 65,911 (194,013) (422,180) (13,207) (23,335)
Other non-current liabilities (34,815) (1,285) 127,362 (4,507) (3,022)
Net cash provided by / (used in) operating activities 159,413 75,059 (205,079) (4,079) 293,499
Investing activities          
Proceeds from paydowns and maturities of loans receivable 64,072 33,109 200,679 66,706 228,282
Disbursements for loans receivable (52,593) (45,502) (279,146) (279,813) (230,583)
Purchase of property, equipment and intangible assets (91,642) (25,166) (59,025) (45,613) (118,190)
Disposal of property and equipment 7,954 1,560 2,954 653 1,281
Acquisitions     (5,115) (43,893) (74,605)
Purchase of investments (645,333) (2,261,582) (3,260,043) (192,330) (142,045)
Proceeds and distributions from investments 781,642 1,930,839 2,878,067 209,508 194,198
Net cash provided by / (used in) investing activities 64,100 (366,742) (521,629) (284,782) (160,701)
Financing activities          
Proceeds from stock option and warrant exercise     5,860 11,107 6,192
Payable to customers (232) 77,298 16,078 (6,149) (132,850)
Proceeds from loans payable 61,921 202,826 315,516 117,233 131,473
Repayments of loans payable (32,470) (20,500) (228,617) (25,748) (164,762)
Margin loans payable, net (194,920) 0 330,716 0 0
Proceeds from / (repayments of) notes payable, net of issuance cost     388,931 0 (29,998)
Contributions     119,491 0 0
Distributions (9,436) (36,698) (55,258) (22,405) (184,275)
Cancellation of Class A Units withheld (3,288) (774)      
Net cash provided by / (used in) financing activities (176,178) 222,305 872,201 63,370 (431,473)
Net increase / (decrease) in cash and cash equivalents 47,335 (69,378) 145,493 (225,491) (298,675)
Cash and cash equivalents, beginning of period 462,103 316,610 316,610 542,101 840,776
Cash and cash equivalents, end of period 509,438 247,232 462,103 316,610 542,101
Cash paid during the year for:          
Interest 10,931 1,915 51,095 23,292 23,874
Taxes 2,314 378 8,561 9,316 25,559
Significant noncash investing and financing activities:          
Digital assets loan receivable, net of allowance 299,709 9,286 475,450 54,533 90,819
Assets posted as collateral 231,217 157,213 37,577 290,965 46,262
Digital assets borrowed 269,449   1,099,332 227,711 734,446
Collateral payable 430,565 91,759 754,664 496,537 378,980
Origination of loans receivable with noncash consideration 0 2,966      
Additions to property, plant and equipment and intangible assets 753 2,101      
Purchase of investments with noncash contributions 9,352 9,934 13,447 3,409 8,395
Proceeds from investments included in receivables 70 0 218 150 332
Proceeds from investments received as digital assets 96,461 6,714 $ 136,191 $ 2,036 $ 5,708
Reclassification between derivatives and investments $ 0 $ 389