Dossier
Q1 loss
Coverage of Q1 loss in the Nexus archive.
- Galaxy posts $216 million Q1 loss amid crypto ‘transition year,’ Novogratz bullish on data center growth
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 delivers first data center tranche to CoreWeave after narrowing Q1 loss
Galaxy Digital delivered the first tranche of a data center to CoreWeave following a reduced Q1 loss. The company narrowed its first-quarter loss, signaling improved financial performance.