Home BlockchainGalaxy Digital Shares Dive Following $482 Million Q4 Loss

Galaxy Digital Shares Dive Following $482 Million Q4 Loss

by Vivek Kumar
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Galaxy Digital Shares Dive Following $482 Million Q4 Loss

In brief

  • Galaxy’s investment portfolio value fell $449 million in Q4.
  • The company highlighted a stable value for its loan book.
  • Galaxy shares hit their lowest price since July following the news.

Galaxy Digital shares fell on Tuesday after the institutional crypto firm reported a fourth-quarter loss of $482 million, stemming from a 22% decrease in the value of its investment portfolio.

The company, which listed its shares on the Nasdaq in May, saw the value of its digital assets and investments decline…

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