GALAXY DIGITAL SLIPS 8% POST-EARNINGS AS INVESTORS TAKE PROFITS FOLLOWING BIG RUN HIGHER
https://s.yimg.com/ny/api/res/1.2/eQzhLYh.yrEiB96LJ4n4tg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/coindesk_75/bca39846bfb1f6e93906fa978161b40d
✍️ Galaxy Digital's second-quarter earnings report shows a 28% increase in Global Markets revenue, despite a decline in trading volumes, and the company's digital asset holdings have grown significantly.
👉 Global Markets revenue rose 28% quarter-over-quarter to $55.4 million 👉 Average loan book grew to $1.1 billion 👉 Assets on Galaxy's platform rose 27% to $8.9 billion 👉 Adjusted gross profit in asset management fell 26% due to lower on-chain activity 👉 Company exercised option to access additional compute capacity at Helios data center 👉 Agreed to acquire adjacent land, potentially expanding Helios' capacity to 3.5GW
-- #Nasdaq #Helios #CoreWeave #business
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