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Galaxy Digital Books $85M Q2 Loss Amid Crypto Market Decline

Guavy AI Editorial Team
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Galaxy Digital announced significant losses in its second quarter of 2026, totaling $85 million. This decline is largely attributed to a drop in digital asset prices during the quarter.

The firm's revenue fell short of expectations, with Galaxy producing $8.7 billion in revenues for the quarter compared to Wall Street estimates of $12.7 billion.

Galaxy Digital's shares dropped 6.2% in premarket trading following the earnings announcement.

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