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#GalaxyDigital Posts $295M Loss Ahead of #Nasdaq Listing
Galaxy Digital Holdings reported a $295 million net loss in Q1 2025 despite booking $12.9 billion in revenue, up 38% from the previous quarter.
The #crypto investment firm maintained $1.9 billion in equity capital as it prepares for its Nasdaq listing this Friday, following shareholders' approval to redomicile in the U.S.
The disappointing results came when 
$BTC prices hovered around $80,000 in March as investors retreated amid growing geopolitical uncertainty.
Galaxy continues expanding its partnership with cloud-computing startup CoreWeave, increasing IT capacity for #AI and high-performance computing operations.
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