Bloomberg: Galaxy Digital Posts Larger-Than-Expected Loss Amid Cryptocurrency Market Plunge
BlockBeats News, February 3rd, according to Bloomberg, Galaxy Digital, the crypto financial services group founded and run by billionaire Michael Novogratz, posted a larger-than-expected loss during the crypto market's fourth-quarter 2025 crash.
Galaxy said in a statement on Tuesday that the company's net loss in Q4 2025 was $482 million, with a loss per share of $1.08, mainly due to the decline in digital asset prices that quarter. Analysts surveyed by Bloomberg had expected Galaxy's loss to be $282 million, or $0.99 per share.
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