Wu Said Galaxy Digital has released its 2026 Q1 financial report, recording a net loss of $216 million, mainly driven by the roughly 20% decline in cryptocurrency asset prices. Total assets at period end were approximately $10 billion, shareholders’ equity was about $2.8 billion, and the company held about $2.6 billion in cash and stablecoins. The company said its Helios data center in Texas has delivered its first data hall to CoreWeave, marking a shift from the construction phase to the revenue-generating phase, and that it has received approval for total contracted power capacity exceeding 1.6GW. Galaxy expects its data center business to begin gradually contributing revenue starting from 2026 Q2. In addition, Galaxy’s asset management scale is about $5 billion, with net inflows of approximately $69 million during the quarter. The company also disclosed that BlackRock has selected it as one of the validation node service providers for the iShares Ethereum Staking ETF.