Novogratz’s Galaxy Digital Posts Loss as Crypto Rout Lingers
Galaxy Digital Inc., the crypto financial services conglomerate founded and run by billionaire Michael Novogratz, posted a narrower-than-estimated first-quarter loss, citing a shift toward data centers in the business mix as recurring fee revenue and transaction income continue to improve. Revenue w
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Galaxy Digital Inc., the crypto financial services conglomerate founded and run by billionaire Michael Novogratz, posted a narrower-than-estimated first-quarter loss, citing a shift toward data centers in the business mix as recurring fee revenue and transaction income continue to improve. Revenue was higher than analysts’ estimates.
Original article
Novogratz’s Galaxy Digital Posts Loss as Crypto Rout Lingers
Published by Bloomberg