Galaxy Digital Holdings (TSE:GLXY) has released an update.
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Galaxy Digital Holdings experienced a mixed second quarter in 2024 with a net loss of $177 million due to declining digital asset markets, contrasting with a net income of $245 million over the first six months. The company’s assets under stake grew significantly to $3.3 billion, bolstered by the acquisition of blockchain node operator CryptoManufaktur. Despite market challenges, Galaxy is progressing towards a Nasdaq listing and reorganization.
For further insights into TSE:GLXY stock, check out TipRanks’ Stock Analysis page.
