Galaxy Digital Posts $216M Q1 Loss as 20% Crypto Drop Cuts Portfolio Value

Galaxy Digital reported a $216 million first-quarter loss amid a broad crypto market decline, while pushing ahead with its Helios data center project as a new source of revenue. The firms balance sheet remains liquid, with $2.6 billion in cash and stablecoins. Key Takeaways: Galaxy Digital posted a $216M Q1 loss as the crypto market []