Mars Finance News, on May 13, Galaxy Digital released its first-quarter financial report, with a net loss of $295 million. Galaxy Digital stated that the loss was primarily due to the decline in digital asset prices during the period, which affected trading activities and valuations, as well as a $57 million impairment charge and disposal costs related to the gradual closure of its Helios data center mining business. Additionally, Galaxy Digital plans to list on Nasdaq on May 16.
Galaxy Digital Q1 net loss of $295 million
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