Galaxy Digital reports Q1 financial results, with a net loss of $216 million

Techub News, According to WuBlockchain, Galaxy Digital released its Q1 2026 financial report, reporting a net loss of $216 million for the period, primarily due to an approximately 20% decline in digital asset prices. The company disclosed that as of the end of the quarter, its total assets were approximately $10 billion, with shareholder equity at $2.8 billion. The loss was mainly attributed to the impact of falling cryptocurrency prices on the valuation of its holdings.