Galaxy Digital reports $482 million loss as bitcoin slumps

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Why This Matters

Galaxy Digital reported a $482 million loss in Q4 due to the decline in bitcoin and digital asset values, indicating a challenging quarter for the cryptocurrency company.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Galaxy Digital, the cryptocurrency company run by billionaire Michael Novogratz, on Tuesday reported a $482 million loss in the fourth quarter as the value of bitcoin and other digital assets fell.

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Original article published by MarketWatch on February 3, 2026.
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