Galaxy: Q1 financial report shows cumulative net loss of $216 millions

Foresight News reported that Galaxy Digital released its financial report for the first quarter of 2026, showing a net loss of $216 million due to the decline in digital asset market prices during the quarter. The diluted and adjusted loss per share was $0.49, with an adjusted gross loss of $88 million and adjusted EBITDA loss of $188 million for the same period. As of March 31, Galaxy Digital's total shareholders' equity reached $2.8 billion, holding $2.6 billion in cash and stablecoins.