GLXY Stock Price Falls as Mike Novogratz’s Galaxy Digital Reports $482 Million Q4 Loss
The post GLXY Stock Price Falls as Mike Novogratz’s Galaxy Digital Reports $482 Million Q4 Loss appeared on BitcoinEthereumNews.com.
GLXY stock price fell as Galaxy Digital disclosed a $482 million fourth-quarter loss. The decline today follows the earnings release. Mike Novogratz’s Galaxy Digital reported losses driven by digital asset depreciation during a weak crypto quarter. GLXY Stock Price Drops Despite Crypto Equity Rebound At the time of writing, GLXY stock price traded at $23.91, a decline of 9.59% in the past 24 hours, according to Yahoo Finance data. The stock traded at $24.94 pre-market, down 5.67% from the previous close. The dips are despite gains across several crypto-linked equities during the broader market rebound. Source: Yahoo Finance Notably, Galaxy Digital’s stock shares are now well below the yearly high of $45.92. The crypto stock’s day range is between $23.79 and $25.96, while the 52-week range is from $8.20 to $45.92. Meanwhile, Galaxy Digital’s market cap declined to $9.48 billion, with average daily trading volume at 6.16 million shares. Galaxy Digital Reports $482 Million Q4 Loss Galaxy Digital reported a Q4 2025 net loss of $482 million, with diluted earnings per share at $(1.08). The company attributed the loss primarily to digital asset price declines during the quarter. Total crypto market cap fell roughly 24% during the same period, impacting asset valuations. For the full year 2025, Galaxy Digital posted a net loss of $241 million. The annual loss included approximately $160 million in one-time costs tied to reorganization activities. These costs also covered bitcoin mining infrastructure and exchangeable note-related adjustments. However, Galaxy Digital reported a full-year adjusted gross profit of $426 million. Adjusted EBITDA for 2025 reached $34 million, reflecting operational contributions across business lines. As of December 31, 2025, total equity stood at $3.0 billion, supported by $2.6 billion in cash holdings. By the end of Q4 2025, Galaxy reported $6.4 billion in assets under management and $5.0…
Filed under: News - @ February 3, 2026 5:23 pm