Galaxy Reports $216 Million Q1 Loss Due to Crypto Market Decline

Galaxy Digital reported a $216 million net loss for Q1 2026, driven by a 20% decline in the total crypto market capitalization. Despite the loss, the company maintained a strong liquidity position with $2.8 billion in equity and $2.6 billion in cash and stablecoins. Operational segments like trading and asset management showed resilience.

By CryptoProwl Tue, April 28, 2026 at 6:42 PM GMT+3 2 min read · Yahoo Finance ·

Galaxy Reports $216 Million Q1 Loss Due to Crypto Market Decline

Tickers: $GLXY

Topics: crypto market crypto price decline financial loss Galaxy Digital Q1 results

Read the full article at Yahoo Finance

More World news