
Galaxy Digital results for Q1 highlights struggles
At the close of Q1 on the March 31, Galaxy Digital Holdings posted a net comprehensive loss of US$27.7 million.
At the close of Q1 on the March 31, Galaxy Digital Holdings posted a net comprehensive loss of US$27.7 million.
Galaxy Digital Holdings is reportedly raising $250 million that will go to a credit fund to provide loans to cryptocurrency companies.
Mike Novogratz is showing confidence in his company, Galaxy Digital Holdings. The founder and CEO of the company has bought an additional 7.5 million ordinary shares for C$7.42 million (US$4.8 million).
Cryptocurrency merchant bank Galaxy Digital Holdings reported a loss of $76.65 million for the third quarter, as it was weighed down by persistently low digital asset prices over the past year.