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Galaxy Digital losses widen, but shares jump 20%
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Crypto investment firm Galaxy Digital, which was founded by billionaire Michael Novogratz, saw its shares jump 20% on 8 August.
The firm reported a net comprehensive loss of $554.7m in the second quarter, widening from a $182.9m loss from a year earlier.
The widening losses were mostly due to a decline in digital asset prices, partially offset...
Read more on fnlondon.comAbout this in other media
The Fintech Files: Institutions dive into digital assets – but the anti-crypto resistance is growing fnlondon.com /2 years ago
BitGo to sue Galaxy Digital for $100M over dropped acquisition cointelegraph.com /2 years ago
Judge Grants Ripple's Video-Related Subpoena Requests, Galaxy Digital Calls Off BitGo Acquisition, Monero Upgrade + More News cryptonews.com /2 years ago
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