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Galaxy Digital Books Q2 Net Loss of $177 Million
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Galaxy Digital Books Q2 Net Loss of $177 Million
Aug 1, 2024 7:23 AM

09:51 AM EDT, 08/01/2024 (MT Newswires) -- Galaxy Digital Holdings ( BRPHF ) , which saw its shares gain near 6% on the TSX yesterday, on Thursday reported a second-quarter net loss of $177 million, driven primarily by losses on digital assets and investments.

In the first quarter of the year, the company booked a net profit of $422 Million.

Equity capital was $2.1 billion as of June 30.

Galaxy reported assets under stake of $3.3 billion as of July 18, up from $486 million at the end of March 2024.

Price: 15.50, Change: -1.08, Percent Change: -6.51

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