Galaxy Digital posts $216M Q1 loss as crypto market slides 20%
Burns Brief
Mike Novogratz's Galaxy Digital posted a $216 million first-quarter loss as weaker crypto prices hit asset values, while Helios data center revenue nears The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $NEAR for reaction — a decisive move above or below key levels will confirm the next trend.
Mike Novogratz's Galaxy Digital posted a $216 million first-quarter loss as weaker crypto prices hit asset values, while Helios data center revenue nears.
Key Takeaways
- Mike Novogratz's Galaxy Digital posted a $216 million first-quarter loss as weaker crypto prices hit asset values, while Helios data center revenue nears