Galaxy Digital Posts $216M Q1 Loss as Digital Asset Price Weakness Persists

robot
Abstract generation in progress

Galaxy Digital posted a $216 million first-quarter net loss, or 49 cents a share, as digital asset prices depreciated during the quarter. Revenue was about $10 billion, above the $8.8 billion analyst consensus surveyed by Bloomberg. Galaxy said a shift toward data centers supported its business mix.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments