[Bloomberg: Galaxy Digital Records Larger-than-Expected Loss Amid Crypto Market Crash] BlockBeats News, February 3, according to Bloomberg, the crypto financial services group Galaxy Digital, founded and managed by billionaire Michael Novogratz, recorded a larger-than-expected loss during the crypto market crash in Q4 2025. In a statement on Tuesday, Galaxy reported a net loss of $482 million in Q4 2025, with a loss of $1.08 per share, primarily due to the decline in digital asset prices during the quarter. Analysts surveyed by Bloomberg had generally expected Galaxy's loss to be $282 million, with a loss of $0.99 per share.