Galaxy Digital Reports $216M Q1 Loss as Crypto Prices Fall Galaxy Digital reported a net loss of $216 million for Q1 2026, primarily driven by a roughly 20% decline in digital asset prices.
Galaxy Digital Reports $216M Q1 Loss as Crypto Prices Fall Galaxy Digital reported a net loss of $216 million for Q1 2026, primarily driven by a roughly 20% decline in digital asset prices. Total assets stood at around $10 billion, with equity of $2.8 billion and $2.6 billion in cash and stablecoins.
The company said its Helios data center in Texas has delivered its first data hall to CoreWeave, marking the transition to revenue-generating operations, with data center revenue expected to begin ramping in Q2 2026. Assets under management were approximately $5 billion. — link