Galaxy Digital swings to profit after $1B net loss in 2022
The Mike Novogratz-led digital asset firm recorded a pre-tax income of $150 million during most of Q1 2023.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Mike Novogratz-led digital asset firm recorded a pre-tax income of $150 million during most of Q1 2023.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Avalanche’s tokenized asset base tops $1.7 billion as BUIDL swings and Axiym sets a record
Avalanche's growing tokenized asset base and Axiym's record payments highlight increasing institutional interest and potential mar...
Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2%
Bitcoin Magazine Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2% Strive reported $474.8 million o...
Greece Approves 10% Crypto Gains Tax, 15% Levy on Staking and DeFi Income
Greece’s parliament has approved a sweeping cryptocurrency tax framework that imposes a 10% tax on capital gains and a separate 15...
Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure
Bitcoin holders realized more than $2 billion in losses over three days as exchange selling intensified and expectations of a US r...
Hyperliquid reports $621M profit on HYPE token paper gains
Hyperliquid's paper gains highlight the speculative nature of digital assets, underscoring potential volatility and investor senti...
Strive Posts $509M Q3 Profit as Bitcoin Holdings Surge to $3.25 Billion
Bitcoin treasury company Strive reported a $509 million third-quarter profit, fueled by gains in its cryptocurrency holdings, whil...