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Michael Novogratz stories

Apr 28, 2026

Galaxy Digital Posts $216 Million Q1 Loss as Crypto Prices Decline

Mike Novogratz's Galaxy Digital reported a $216 million first-quarter loss driven by weaker crypto asset values, though the firm's data center business is nearing an inflection point with revenue expected to ramp up in Q2.

Apr 28, 2026·4 sources
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Apr 6, 2026

Galaxy Enables First On-Chain Shareholder Voting via Broadridge Partnership

Galaxy shareholders holding tokenized GLXY shares will be able to participate in proxy voting on-chain in May through a partnership with Broadridge. This represents the first implementation of on-chain corporate governance for tokenized securities.

Apr 6, 2026·2 sources
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Top claims

  • ▪Galaxy Digital's first-quarter loss equated to $0.49 per share.
  • ▪As of March 31, Galaxy Digital had $95 million in other investments.
  • ▪Galaxy Digital's revenue dropped to $10.2 billion from $12.9 billion in the year-earlier quarter.

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Bitcoin miningCrypto fundamental analysisCrypto market cyclesCrypto marketsInstitutional crypto adoptionTokenized securitiesBlockchain governance
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