Galaxy Digital Capital Management GP LLC In its 13F for Q2 2025 (holdings as of June 30, 2025, filed March 24, 2026), Galaxy Digital Capital Management GP LLC reported 24 stock positions worth $80.0 million . Its top holding was Core Scientific (CORZ) at 20.0% of the portfolio, followed by iShares Bitcoin Trust ETF (IBIT, 12.9% ) and Iren (IREN, 7.4% ). Compared with Q1 2025, it opened 2 new positions, sold out of 6, added to 8 and reduced 14. The biggest buy was a new position in iShares Bitcoin Trust ETF (IBIT) and the biggest sale an exit from Micron Technology (MU).
Location NEW YORK, NY
CIK 0002118292
Portfolio Value $80.0M (Q2 2025) Holdings 24 stocks · $80.0M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2025 CORZ Core Scientific Inc. 939,333 $16.0M Reduce -17.7% IBIT iShares Bitcoin Trust ETF 168,152 $10.3M New IREN Iren Ltd. filed as IREN LIMITED 405,974 $5.9M Add +16.3% RIOT Riot Platforms Inc. 439,779 $5.0M Reduce -43.2% HOOD Robinhood Markets Inc. Class A 41,570 $3.9M Reduce -31.4% CIFR Cipher Digital Inc. 688,076 $3.3M Reduce -73.2% JPM JPMorgan Chase & Co. 10,383 $3.0M Add +80.6% VRT Vertiv Holdings Co. Class A 22,784 $2.9M Reduce -22.4% GOOGL Alphabet Inc. Class A 16,143 $2.8M Add +384.3% MA Mastercard Inc. Class A 4,717 $2.7M Add +74.0% V Visa Inc. Class A 7,420 $2.6M Add +65.9% BITF Bitfarms Ltd./Canada 3,030,350 $2.5M Add +13.9% ETOR Etoro Group Ltd. Class A 32,499 $2.2M New MS Morgan Stanley 15,010 $2.1M Add +4.3% COHR Coherent Corp. 23,623 $2.1M Reduce -0.1% TSM Taiwan Semiconductor-SP ADR 8,992 $2.0M Reduce -49.0% CLSK Cleanspark Inc. 172,759 $1.9M Reduce -57.4% BLK BlackRock Inc. 1,701 $1.8M Reduce -29.9% WDC Western Digital Corp. 26,830 $1.7M Reduce -8.1% COIN Coinbase Global Inc. Class A 4,649 $1.6M Reduce -80.6% LRCX Lam Research Corp. 10,454 $1.0M Add +2.0% META Meta Platforms Inc. Class A 1,293 $954K Reduce -1.3% ONTO Onto Innovation Inc. 7,927 $800K Reduce -0.4% XYZ Block Inc. 11,422 $776K Reduce -72.3%
Options reported separately and not counted above: CORZ puts ($9.2M), IREN puts ($5.0M), RIOT puts ($3.1M), HOOD puts ($2.9M), JPM puts ($2.6M), VRT puts ($2.5M), MS puts ($1.9M), ETOR puts ($1.9M), COHR puts ($1.8M), TSM puts ($1.7M), CLSK puts ($1.7M), IBIT puts ($1.6M), and 5 more.
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ MU Micron Technology Inc. Sold out 0.00% −9.37 CIFR Cipher Digital Inc. Reduce -73.2% 4.11% −4.92 COIN Coinbase Global Inc. Class A Reduce -80.6% 2.04% −4.27 XYZ Block Inc. Reduce -72.3% 0.97% −2.45 HUT Hut 8 Corp. Sold out 0.00% −2.22 RIOT Riot Platforms Inc. Reduce -43.2% 6.21% −2.22 TSM Taiwan Semiconductor-SP ADR Reduce -49.0% 2.55% −1.92 AMD Advanced Micro Devices Sold out 0.00% −1.91 CLSK Cleanspark Inc. Reduce -57.4% 2.38% −1.78 APLD Applied Digital Corp. Sold out 0.00% −1.50 BLK BlackRock Inc. Reduce -29.9% 2.23% −1.28 SNDK Sandisk Corp. Sold out 0.00% −0.71 ETHA iShares Ethereum Trust ETF Sold out 0.00% −0.67 ONTO Onto Innovation Inc. Reduce -0.4% 1.00% −0.48 META Meta Platforms Inc. Class A Reduce -1.3% 1.19% +0.04 COHR Coherent Corp. Reduce -0.1% 2.63% +0.29 WDC Western Digital Corp. Reduce -8.1% 2.15% +0.34 VRT Vertiv Holdings Co. Class A Reduce -22.4% 3.66% +0.42 HOOD Robinhood Markets Inc. Class A Reduce -31.4% 4.86% +1.01 CORZ Core Scientific Inc. Reduce -17.7% 20.04% +7.41
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ IBIT iShares Bitcoin Trust ETF New 12.86% +12.86 IREN Iren Ltd. Add +16.3% 7.39% +4.14 GOOGL Alphabet Inc. Class A Add +384.3% 3.56% +2.77 ETOR Etoro Group Ltd. Class A New 2.70% +2.70 JPM JPMorgan Chase & Co. Add +80.6% 3.76% +1.61 MA Mastercard Inc. Class A Add +74.0% 3.31% +1.04 V Visa Inc. Class A Add +65.9% 3.29% +0.90 LRCX Lam Research Corp. Add +2.0% 1.27% +0.13 MS Morgan Stanley Add +4.3% 2.64% +0.08 BITF Bitfarms Ltd./Canada Add +13.9% 3.18% −0.02
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ QQQ Invesco QQQ Trust Series 1 put Sold out 20,600 $9.7Mbefore exit CORZ Core Scientific Inc. put New 541,700 $9.2M IREN Iren Ltd. put New 343,500 $5.0M RIOT Riot Platforms Inc. put New 271,000 $3.1M HOOD Robinhood Markets Inc. Class A put New 30,800 $2.9M BITO Proshares Bitcoin ETF-Usd put Sold out 145,800 $2.7Mbefore exit JPM JPMorgan Chase & Co. put New 9,100 $2.6M VRT Vertiv Holdings Co. Class A put New 19,700 $2.5M MS Morgan Stanley put New 13,200 $1.9M ETOR Etoro Group Ltd. Class A put New 27,900 $1.9M MARA Mara Holdings Inc. put Sold out 161,000 $1.9Mbefore exit COHR Coherent Corp. put New 20,300 $1.8M TSM Taiwan Semiconductor-SP ADR put New 7,700 $1.7M AAPL Apple Inc. put Sold out 7,600 $1.7Mbefore exit CLSK Cleanspark Inc. put New 150,000 $1.7M IBIT iShares Bitcoin Trust ETF put New 25,800 $1.6M WDC Western Digital Corp. put New 23,100 $1.5M COIN Coinbase Global Inc. Class A put New 3,900 $1.4M BABA Alibaba Group Holding-SP ADR put Sold out 9,900 $1.3Mbefore exit AMD Advanced Micro Devices put Sold out 10,800 $1.1Mbefore exit IBKR Interactive Brokers Gro Class A put Sold out 25,200 $1.0Mbefore exit NXPI NXP Semiconductors NV put Sold out 5,400 $1.0Mbefore exit IBIT iShares Bitcoin Trust ETF call Sold out 21,000 $983Kbefore exit LRCX Lam Research Corp. put New 8,800 $857K KWEB Kranesh Csi China Internet call Sold out 22,300 $778Kbefore exit XYZ Block Inc. put New 10,000 $679K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 51 $166.8M V, RIOT, HOOD, CIFR, KEEL Q1 2026 39 $77.7M RIOT, CIFR, BITF, CLSK, DDOG Q4 2025 30 $79.5M CORZ, RIOT, CLSK, MU, BITF Q3 2025 27 $102.4M CORZ, IBIT, RIOT, CLSK, BITF Q2 2025 24 $80.0M CORZ, IBIT, IREN, RIOT, HOOD Q1 2025 28 $65.4M CORZ, MU, CIFR, RIOT, COIN Q4 2024 27 $136.9M RIOT, CIFR, MSTR, WULF, TSM