{"id":639338,"date":"2026-08-05T13:52:46","date_gmt":"2026-08-05T13:52:46","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/05\/galaxy-reports-85m-net-loss-amid-q2-crypto-market-slump\/"},"modified":"2026-08-05T13:52:46","modified_gmt":"2026-08-05T13:52:46","slug":"galaxy-reports-85m-net-loss-amid-q2-crypto-market-slump","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/05\/galaxy-reports-85m-net-loss-amid-q2-crypto-market-slump\/","title":{"rendered":"Galaxy reports $85M net loss amid Q2 crypto market slump"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-how-to-use-galaxy-for-broad-market-exposure.jpg\" alt=\"Galaxy reports $85M net loss amid Q2 crypto market slump\" class=\"type:primaryImage\" \/><\/p>\n<p>Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.<\/p>\n<p>Galaxy Digital reported an $85 million net loss for the second quarter of 2026 as cryptocurrency valuations declined in the period.<\/p>\n<p>That <a href=\"https:\/\/www.prnewswire.com\/news-releases\/galaxy-announces-second-quarter-2026-financial-results-302843529.html\">resulted<\/a> in a $0.09 loss per share posted on Wednesday which Galaxy attributed to the depreciation of digital asset prices during the quarter.\u00a0<\/p>\n<p>Revenue at $8.7 billion was down 15% from $10.2 billion in the first quarter of 2026. Analysts had forecast a consensus of $12.7 billion, according to <a href=\"https:\/\/finance.yahoo.com\/quote\/GLXY\/analysis\/\">estimates<\/a> compiled by Yahoo Finance.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/galaxy-85m-loss-q2-crypto-market-slump\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates. Galaxy Digital reported an $85 million net loss for the second quarter of 2026 as cryptocurrency valuations declined in the period. That resulted in a $0.09 loss per share posted on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":639339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-639338","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/639338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=639338"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/639338\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/639339"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=639338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=639338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=639338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}