Galaxy Digital Reports $295 Million Q1 Loss Ahead of Nasdaq Listing

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-13 20:04:02

Galaxy Digital Holdings posted a $295 million net loss for Q1 2025, translating to $0.86 per share, as crypto markets stagnated. The loss contrasts sharply with a 40% quarterly revenue surge to $12.9 billion, underscoring the volatility inherent in digital asset ventures.

The financial disclosure precedes Galaxy’s Nasdaq debut this Friday, following SEC approval of its corporate restructuring. Market observers note the timing highlights the dichotomy between institutional crypto adoption and persistent sector-wide profitability challenges.

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