BBX: Galaxy confirms first AI data center revenue in Q1, KULR’s FY2025 revenue up 51%, holding thousands of BTC
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BBX News: Yesterday, a certain exchange released its Q1 financial report; KULR released FY2025 revenue data. Key points: ——Certain Exchange (NASDAQ: GLXY): Q1 net loss of $216 million; T&C unrealized loss of $140 million; digital asset exposure of $1.4 billion (BTC $431 million); AUM approximately $5 billion; Helios’ first data hall confirmed CoreWeave income in April; $445 million notes due in December; shares rose about 6% that day. ——KULR Technology (NYSE: KULR): FY2025 revenue $16.17 million (+51%), net loss $61.9 million (including $28.26 million in non-cash BTC loss); holding 1,001 BTC worth approximately $94 million; no debt, cash $13.3 million; ATM suspended until June 30; Caban five-year agreement expected to generate $30 million in revenue. Source: bbx.com
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