Galaxy: Q1 financial report shows cumulative net loss of $216 millions
Foresight News reported that Galaxy Digital released its financial report for the first quarter of 2026, showing a net loss of $216 million due to the decline in digital asset market prices during the quarter. The diluted and adjusted loss per share was $0.49, with an adjusted gross loss of $88 million and adjusted EBITDA loss of $188 million for the same period. As of March 31, Galaxy Digital's total shareholders' equity reached $2.8 billion, holding $2.6 billion in cash and stablecoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ - Synaptics and Onsemi shares rise due to revised merger agreement
S&P 500: Resilient as Fed tone turns dovish – Deutsche Bank
South Korea’s NPS cuts Hanmi Pharmaceutical stake to 9.61% from 10.61%
Gold: Modest gains in risk-off backdrop – Deutsche Bank
Crypto prices
More
