Crypto Firm Galaxy Digital Reports $216M Quarterly Loss Despite Stock Rise
Galaxy Digital (GLXY) reported a $216 million net loss for Q1 2026, driven by a 20% decline in digital asset prices. Despite the loss, the company's stock rose, and it completed a share repurchase program worth $65 million. The firm also transitioned to revenue-generating operations at its Helios data center.
Tickers: $GLXY
Topics: assets under management crypto earnings report financial loss share repurchase