Galaxy Digital Reports $295 Million Q1 Loss Before Nasdaq US Listing

Novogratz's Galaxy Digital gets upgraded buy rating ahead of Nasdaq listing

Galaxy Digital, owned by billionaire Mike Novogratz, received an upgrade to its buy rating from a major financial firm.

Galaxy Digital Holdings is undervalued, this analyst says

Galaxy Digital Holdings (Galaxy Digital Holdings Stock Quote, Chart, News, Analysts, Financials TSXV:GLXY) may have posted a wider-than-expected loss in the first quarter of 2025, but ATB Capital Markets says brighter days are ahead, driven by its growing high-performance computing (HPC) business and a long-awaited U.S. stock listing. In a May 13 update, ATB analyst […] Source

Galaxy Digital Class A Common Stock Set Launch on Nasdaq

Galaxy Digital Inc.’s Class A common stock is scheduled to begin trading on the Nasdaq Global Select Market under the ticker symbol GLXY on May 16, 2025, pending final approval from Nasdaq and the completion of the company’s reorganization. This follows shareholder approval on May 9, 2025, and the U.S. Securities and Exchange Commission’s (SEC) […] The post Galaxy Digital Class A Common Stock Set Launch on Nasdaq appeared first on Tekedia.

Galaxy Digital Reports $295 Million Q1 Loss Before Nasdaq US Listing - WorldNL Magazine

In brief Galaxy Digital Holdings reported a net loss of $295 million and losses per share of $0.86. The company’s weak financial report came amid a lull in the cryptocurrency market during the first quarter 0f 2025. However, the company booked $12.9 billion in revenue, a nearly 40% increase from the previous quarter. Galaxy Digital Holdings posted a net loss of $295 million in a disappointing first quarter amid a lull in the cryptocurrency marke…

Galaxy Digital Reports $295 Million Q1 Loss Before Nasdaq US Listing

The company reported the loss, despite booking more revenue in the first quarter compared to the previous financial term.

Galaxy Digital Wraps U.S. Move Ahead Of Nasdaq Listing, Posts $295 Million Loss

Crypto investment firm Galaxy Digital has completed its relocation to the United States, wrapping up a months-long restructuring ahead of a planned listing on the Nasdaq this Friday. The crypto investment firm, led by Mike Novogratz, received approval from shareholders and regulators to relocate its legal base from the Cayman Islands to Delaware. Trading on Nasdaq under the ticker GLXY is expected to begin on May 16, pending final approval from …