{"id":65489,"date":"2022-08-08T16:10:49","date_gmt":"2022-08-08T13:10:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=65489"},"modified":"2025-09-06T20:16:18","modified_gmt":"2025-09-06T17:16:18","slug":"galaxy-digital-posts-554-7-million-loss-as-crypto-market-corrects","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/galaxy-digital-posts-554-7-million-loss-as-crypto-market-corrects\/","title":{"rendered":"Galaxy Digital posts $554.7 million loss as crypto market corrects"},"content":{"rendered":"<p>Galaxy Digital Holdings&#8217; total loss for the second quarter <a href=\"https:\/\/www.newswire.ca\/news-releases\/galaxy-digital-announces-second-quarter-2022-financial-results-822388083.html\">\u0441\u043e\u0441\u0442\u0430\u0432\u0438\u043b<\/a> $554.7 million, compared with $182.9 million in the same period last year.<\/p>\n<p>The metric includes net income and unrealised gains.<\/p>\n<p>The company attributed the result to a drop in crypto-market capitalisation and negative revaluations of investments in startups, which outweighed the profits from the mining business.<\/p>\n<p>Assets under management for April\u2013June rose by 23%, to $1.8 billion.<\/p>\n<p>Trading volume on partner schemes fell 15% quarter-on-quarter and 35% year-on-year.<\/p>\n<p>The number of funding rounds in which Galaxy Digital participated reached 141. The company has backed more than 100 startups.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cI am proud of Galaxy&#8217;s results in challenging market and macroeconomic conditions. [\u2026] We have managed to preserve liquidity of more than $1.5 billion, including more than $1 billion in cash,\u201d<\/em> \u2014 said Galaxy Digital CEO<a href=\"https:\/\/forklog.news\/cryptorium\/kto-takoi-mike-novogratz\/\"> \u041c\u0430\u0439\u043a \u041d\u043e\u0432\u043e\u0433\u0440\u0430\u0446<\/a>.<\/p>\n<\/blockquote>\n<p>The company confirmed its commitment to a plan to reorganize with incorporation in Delaware, USA. Subsequently, Galaxy Digital intends to list its shares on Nasdaq.<\/p>\n<p>Earlier, Novogratz questioned <a href=\"https:\/\/forklog.news\/majk-novograts-usomnilsya-v-obvale-bitkoina-do-13-000\/\"> \u0432 \u043e\u0431\u0432\u0430\u043b\u0435 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u0434\u043e $13 000<\/a>.<\/p>\n<p>Earlier, Galaxy Digital CEO <a href=\"https:\/\/forklog.news\/majk-novograts-nazval-sroki-okonchaniya-retsessii-na-kriptovalyutnom-rynke\/\">\u0441\u043f\u0440\u043e\u0433\u043d\u043e\u0437\u0438\u0440\u043e\u0432\u0430\u043b<\/a> \u043f\u0440\u043e\u0434\u043e\u043b\u0436\u0435\u043d\u0438\u0435 \u0440\u0435\u0446\u0435\u0441\u0441\u0438\u0438 \u043d\u0430 \u0440\u044b\u043d\u043a\u0435 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442 \u043d\u0430 \u043f\u0440\u043e\u0442\u044f\u0436\u0435\u043d\u0438\u0438 18 \u043c\u0435\u0441\u044f\u0446\u0435\u0432. \u041f\u043e \u0435\u0433\u043e \u043c\u043d\u0435\u043d\u0438\u044e, \u043f\u0435\u0440\u0432\u044b\u0435 \u043f\u0440\u0438\u0437\u043d\u0430\u043a\u0438 \u0432\u043e\u0441\u0441\u0442\u0430\u043d\u043e\u0432\u043b\u0435\u043d\u0438\u044f \u0438\u043d\u0434\u0443\u0441\u0442\u0440\u0438\u044f \u0443\u0432\u0438\u0434\u0438\u0442 \u043f\u043e\u0441\u043b\u0435 \u0441\u043c\u044f\u0433\u0447\u0435\u043d\u0438\u044f \u0434\u0435\u043d\u0435\u0436\u043d\u043e-\u043a\u0440\u0435\u0434\u0438\u0442\u043d\u043e\u0439 \u043f\u043e\u043b\u0438\u0442\u0438\u043a\u0438 <span data-descr=\"Federal Reserve System (U.S.)\" class=\"old_tooltip\">\u0424\u0420\u0421<\/span>.<\/p>\n<p> \u0427\u0438\u0442\u0430\u0439\u0442\u0435 \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u043d\u043e\u0432\u043e\u0441\u0442\u0438 ForkLog \u0432 \u043d\u0430\u0448\u0435\u043c <a href=\"\/\/telegram.me\/forklog\u201d\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442, \u043a\u0443\u0440\u0441\u044b \u0438 \u0430\u043d\u0430\u043b\u0438\u0442\u0438\u043a\u0430.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Galaxy Digital Holdings&#8217; total loss for the second quarter amounted to $554.7 million, compared with $182.9 million in the same period last year.<\/p>\n","protected":false},"author":1,"featured_media":65490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[83,770,1211],"class_list":["post-65489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-business","tag-galaxy-digital","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=65489"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65489\/revisions"}],"predecessor-version":[{"id":65491,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65489\/revisions\/65491"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/65490"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=65489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=65489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=65489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}