Crypto & Web3
impact 16
Galaxy Digital posts $216M Q1 loss as crypto market slides 20%
Galaxy Digital posts $216M Q1 loss as crypto market slides 20% Mike Novogratz's Galaxy Digital posted a $216 million first-quarter loss as weaker crypto prices hit asset values, while Helios data center revenue nears.
Why it matters
The timing matters: galaxy is converging with shifts in digital, which could amplify the downstream impact.