Galaxy Digital: Net loss of $94 million in Q3
According to Bloomberg, Galaxy Digital Holdings, Michael Novogratz's cryptocurrency financial services company, reported a net loss of $94 million in the third quarter, compared to a net loss of approximately $68 million in the same period last year. The company had a loss of approximately $46 million in the second quarter. It is widely predicted that Galaxy's losses will stabilize at around $44 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Traders still riding on ‘hot altcoins’ despite Bitcoin pullback: Santiment
Pump.fun suspends livestream feature amid backlash
pump.fun’s anonymous founder said they would work to protect users from seeing “repulsive/dangerous content”
Spot bitcoin ETFs end positive streak with $438 million outflows; BTC dips to $94,500
U.S. spot bitcoin ETFs reported a total daily outflow of $438 million on Monday.Monday’s net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs.Meanwhile, bitcoin has retraced some of its gains over the past few days, now trading at around $94,500.
MicroStrategy Buys Additional 55,500 Bitcoins for $5.4 Billion