BlockBeats News, February 3rd, according to Bloomberg, billionaire Michael Novogratz’s cryptocurrency financial services group Galaxy Digital, founded and managed by him, reported a larger-than-expected loss during the crypto market’s downturn in the fourth quarter of 2025.
Galaxy said in a statement on Tuesday that the company’s net loss in Q4 2025 was $482 million, with a loss per share of $1.08, primarily due to the decline in digital asset prices this quarter. Analysts surveyed by Bloomberg had expected Galaxy’s loss to be $282 million, or $0.99 per share.
