Galaxy announces Q1 financial report: net loss of $295 million, holding approximately $1.1 billion in cash and stablecoins

According to Golden Finance, Galaxy has released its financial performance report for the first quarter of 2025, which disclosed: 1. Net loss of $295 million, as of March 31, 2025, with a share capital of $1.9 billion and holding approximately $1.1 billion in cash and stablecoins. 2. The total revenue and operating profit and loss were $12.9 billion, offset by total transaction expenses of $13.1 billion, a decrease of 21% compared to the previous period. 3. The total amount of assets managed and held by Galaxy is approximately $7 billion, with a month on month decrease of 29% due to the decline in digital asset prices. 4. Holding equity in BTC investment vehicles, including Bitcoin futures ETFs, as well as holding SOL worth $19.6 million and TIA worth $21.7 million.