Galaxy Digital Stock Slides 14% as Crypto Prices Hit Earnings

Galaxy Digital (GLXY) shares closed down 14% on Wednesday after the crypto and AI infrastructure firm reported a second-quarter net loss of $85 million, driven by falling digital asset prices. The stock fell to $19.07, down from a previous close of $22.14, as revenue dropped 15%, offsetting progress in the company’s artificial intelligence (AI) data The post Galaxy Digital Stock Slides 14% as Crypto Prices Hit Earnings appeared first on BeInCrypto.