Galaxy Digital recorded a loss of $482 million in Q4 2025

On February 3rd, Bloomberg reported that Galaxy Digital, founded by Michael Novogratz, recorded a net loss of $482 million or $1.08 per share during the cryptocurrency market crash in the fourth quarter of 2025. Analysts previously expected a loss of $282 million, with a loss of $0.99 per share. Galaxy stated that the losses were mainly due to the decline in digital asset prices.