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by: xpoolPosted on: May 13, 2025

Galaxy Digital Reports Major Q1 Loss Ahead of Nasdaq Listing

Galaxy Digital Holdings has disclosed a significant first-quarter net loss of $295 million, just days before its much-anticipated debut on the Nasdaq Stock Market. This decline comes as the company navigates a changing landscape within the digital assets industry, including a decrease in digital asset prices, impairments, and the winding down of mining operations at its Helios data center.

Related posts:

  1. Galaxy Digital Lists on Nasdaq, Sets IPO Date for May 16th
  2. Galaxy Digital Receives SEC Nod for US Listing on Nasdaq
  3. Galaxy Digital Set to List on Nasdaq, Moving Closer to Public Markets
  4. Galaxy Digital Suffers $295M Q1 Loss, Prepares for Nasdaq Listing
Cryptocurrency Galaxy Digital Nasdaq Listing

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