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.
Tickers: $GLXY
Topics: crypto market crypto price decline financial loss Galaxy Digital Q1 results