Galaxy Digital announces Q1 2026 financial report, net loss of $216 million

Deep Tide TechFlow News, April 28, according to an official announcement from Galaxy Digital Inc., the company released its financial results for the first quarter of 2026. Due to an overall 20% decline in digital asset prices during the quarter, the company recorded a net loss of $216 million, an adjusted loss of $0.49 per share, and an adjusted EBITDA of -$188 million. As of March 31, the company’s total equity was $2.78 billion, with cash and stablecoin holdings of approximately $2.61B.

In terms of data centers, Helios Park’s first data hall has been successfully delivered to CoreWeave, with all 133 MW of critical IT load expected to be completed by the end of Q2 2026. The company also received ERCOT approval to add 830 MW of power capacity, bringing the park’s total approved capacity to over 1.6 gigawatts. Regarding asset management, the assets under management at the end of the quarter were approximately $5 billion, with net inflows of $69 million during the quarter; after the quarter, BlackRock announced it selected Galaxy as the staking validator for its first reward-based crypto ETF (iShares Staked Ethereum Trust ETF). Additionally, the company repurchased 3.2 million shares for $65 million this quarter and completed delisting from the Toronto Stock Exchange, now only listed on Nasdaq.

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