Galaxy Digital Reports $216M Quarterly Loss Despite Stock Rise
Galaxy Digital (GLXY) reported a $216 million net loss in Q1 2026 due to a 20% decline in digital asset prices. Despite the loss, the company's stock rose, and it completed a delisting from the Toronto Stock Exchange and consolidated its Nasdaq listing. The firm also repurchased shares and expanded its data center operations.
Tickers: $GLXY
Topics: crypto delisting earnings financial results loss share repurchase