Galaxy Digital Stock Jumps 5% Despite $216 Million Q1 Loss
BeInCrypto
Galaxy Digital shares rose 5% following its Q1 2026 earnings report, which showed a narrowed net loss compared to the previous quarter.Summary
Galaxy Digital (GLXY) reported a net loss of $216 million for the first quarter of 2026, a significant improvement from the $482 million loss in Q4 2025. Despite the negative earnings, the company's stock price increased by over 5%, as investors focused on positive operational milestones, including the delivery of a new data hall to CoreWeave. While the broader cryptocurrency market contraction impacted the company's treasury, segments like Global Markets saw profit growth, and the firm maintained net inflows in asset management, signaling continued resilience.
(Source：BeInCrypto)