Galaxy Digital Inc. Cuts Losses to $216M: Yet $10B Revenue Drop Signals Market Slowdown

Galaxy Digital Inc. posted a first-quarter 2026 net loss of $216 million. The figure improved from a $295 million loss a year earlier, as weaker cryptocurrency prices continued to pressure its results. Revenue for the quarter ended March 31 came in at $10.04 billion, down from $12.98 billion in the same period last year, amid a slowdown in market activity alongside a decline in digital asset valuations. Q1 Earnings T…