Galaxy Digital Holdings (TSE:GLXY) has released an update.
Galaxy Digital Holdings Ltd. reported a significant drop in assets under management (AUM) for June 2024, with a 27% decrease from the previous month, totaling $4.6 billion. The reduction is attributed to a combination of actively liquidating assets as part of a strategic mandate, market depreciation, and partially mitigated by new investments into the company’s various funds.
For further insights into TSE:GLXY stock, check out TipRanks’ Stock Analysis page.