Galaxy reports $85M net loss amid Q2 crypto market slump

Bearish-27.01%
5 Aug, 13:20
Source: Cointelegraph

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Galaxy Digital reported an $85 million net loss in Q2 with revenue missing Wall Street estimates, reflecting broader crypto market weakness.

Galaxy reports $85M net loss amid Q2 crypto market slump

Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.