Galaxy Digital
Novogratz's Galaxy Digital Reports Nearly $555M in Q2 Net Losses
Michael Novogratz's crypto-focused financial services firm Galaxy Digital reported a second-quarter net loss of $554.7 million, more than triple the loss from the same period last year. BTIG Managing Director and Head of Digital Assets Research Mark Palmer discusses the earnings report and its key takeaways.
Novogratz’s Galaxy Digital Reports $554.7M Net Loss in Q2
Galaxy Digital reported a second-quarter net loss of $554.7 million, which was more than triple the loss from the same period last year. The firm said that the larger loss mainly stemmed from the market downturn and investments in Galaxy’s trading business. “The Hash” panel discusses the turbulent market and an outlook into Galaxy’s future.
Galaxy Digital's Q2 Net Loss More Than Triples to $554.7M Amid Market Downturn
Company assets under management fell 40% from the first quarter.
A New Era for Mining Finance
Galaxy Digital Head of Mining Amanda Fabiano, Hut 8 Mining CEO Jaime Leverton and Lucas Pipes, Managing Director at B. Riley Securities, join Consensus 2022 to discuss the outlook for crypto mining finance. Moderator: Aoyon Ashraf, Crypto mining reporter, CoinDesk
Active Investing in the Digital Asset Class
Chris Rhine, Managing Director of Asset Management at Galaxy Digital, joins Bitcoiner Nolan Bauerle at Consensus 2022 to discuss the new model of digital asset investing.
Lessons Learned While Riding Crypto's Rollercoaster
Dan Morehead, CEO and Co-CIO of Pantera Capital joins Galaxy Digital Founder and CEO Mike Novogratz at Consensus 2022 to discuss what we've learned from the successes and failures of the crypto revolution. Moderator: Zack Seward, Deputy Editor-in-Chief, CoinDesk
Galaxy Digital Names Credit Suisse Veteran as Global Head of Distribution
Danielle Johnson was previously managing director at Credit Suisse, leading the bank's venture capital business in New York.
Solar-Powered Bitcoin Miner Starts Operations Despite Difficult Market
Aspen Creek Digital will also host miners from Galaxy Digital at its new data center in western Colorado.
Miner Bitfarms Sold Almost Half Its Bitcoin to Reduce Debt
The miner sold 3,000 BTC in the past week to improve liquidity and reduce indebtedness.
