Galaxy released its Q1 financial report: net loss of $216 million dragged down by the decline in digital asset market prices.

CoinFeed reported on April 28th that, according to PRNewswire, Galaxy Digital released its Q1 2026 financial results, showing a net loss of $216 million, or $0.49 per diluted and adjusted share, due to the decline in digital asset market prices during the quarter. The company reported an adjusted gross loss of $88 million and an adjusted EBITDA loss of $188 million. As of March 31st, Galaxy Digital had total equity of $2.8 billion and held $2.6 billion in cash and stablecoins.