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Crypto

Galaxy Digital Reports Q2 Loss of Approximately 13.4 Billion Yen as Power Business Takes Off

2026/08/06 19:00(Updated 2026/08/06 14:01)

CoinPost

Written by Enzo

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Galaxy Digital Reports Q2 Loss of Approximately 13.4 Billion Yen as Power Business Takes Off

Net Loss of Approximately 13.4 Billion Yen, Expansion in Power Sector

Net Loss of Approximately 13.4 Billion Yen, Expansion in Power Sector

Galaxy Digital (GLXY), listed on the NASDAQ, announced its financial results for the period from April to June 2026 on the 5th. The net loss was $85 million (approximately 13.4 billion yen, calculated at 1 dollar = 157.7 yen), affected by the decline in digital asset prices.

On the other hand, the data center business has entered a revenue-generating phase this period. With the acquisition of three new sites in Texas, the total power pipeline has reached 5.7 gigawatts...

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