Mike Novogratz

Twelve companies, including Galaxy Digital, Medline, and Bitgo Holdings, have made their debut on the 2026 Fortune 500 list, representing industries such as crypto, medical-surgical products, and natural gas. These companies achieved the required $7.5 billion revenue threshold to join the list, which ranks the top 500 U.S. corporations by revenue.

Galaxy Digital and BitGo are involved in a court dispute over a $100 million claim related to a failed acquisition. Galaxy abandoned its acquisition plan in 2022, citing BitGo's failure to deliver audited financial statements for 2021.

Galaxy Digital, led by Mike Novogratz, has received a New York BitLicense, expanding its regulatory footprint to over 50 licenses worldwide, enabling it to offer digital asset services in the state. This approval marks a significant milestone for Galaxy Digital. The company's services will now be available in New York.

Mike Novogratz's Galaxy has received a New York BitLicense, which will enable the company to push institutional crypto services. This license is a significant development for Galaxy as it looks to expand its presence in the cryptocurrency market. The move is expected to boost Galaxy's efforts in providing crypto services to institutions.

Galaxy reported a $216 million Q1 loss, attributing it to a 'transition year' in cryptocurrency. However, the company's data center business is expected to see revenue growth starting in the second quarter, with CEO Mike Novogratz expressing optimism about its future.

Galaxy Digital reported a $216 million Q1 loss due to declining crypto prices, but Hyperliquid partially offset these losses. CEO Mike Novogratz attributed the balance sheet strain to the broader crypto market downturn.

Galaxy Digital, led by Mike Novogratz, reported a $216 million first-quarter loss due to declining crypto prices and a 20% drop in the crypto market. The company's performance was further impacted by weaker asset values, though Helios data center revenue showed potential.