Galaxy Digital Inc. (Nasdaq: GLXY) has officially announced the financial report for Q1 2026. Specifically, Galaxy Digital has lost up to $216M throughout the quarter. As per Galaxy Digital’s official report, a 20% dip in the prices of digital assets emerged as the main factor leading to this loss. The cumulative assets of the company accounted for nearly $10B, while stablecoins and cash occupied 2.6B and $2.8B equity.

Galaxy Digital Records $216M Loss while Helios Data Center Strengthens Market Position

Based on Galaxy Digital’s (Nasdaq: GLXY) report, it has cumulatively lost $216M during Q1 2026, led by a 20% drop in the digital asset market prices. However, the effective provision of the earliest data hall at the Helios campus to CoreWeave marks the transition to revenue-generating endeavors in line with the Phase 1 lease contract. This raises the chances for Galaxy Digital to soon witness a noteworthy recovery during the 2nd quarter of this year. Apart from that, the platform obtained ERCOT authorization for an extra power capacity of 830 megawatts at the Helios campus.

In the meantime, during the first quarter, the platform bought 3.2M Class A common stock shares for $65M as a part of its formerly announced share repurchase project. This figure is significantly above the offsetting dilution concerning the stock-based compensation distributions of the company last year. Along with that, Galaxy accomplished a voluntary delisting, quitting the Toronto Stock Exchange. When it comes to the corporate and treasury sectors, Galaxy Digital recorded a $140M loss because of the decline in the investment positions and digital assets.

Quarterly Loss Narrows as Platform Maintains Diversified Digital Asset Allocation

According to Galaxy Digital, the net loss of the platform, $216M, is considerably below the past quarter’s $482M. Particularly, Q1 2026 accounted for a $431M exposure to Bitcoin ($BTC) and $42M exposure to Ether ($ETH). At the same time, Solana ($SOL) occupied $42M of the platform’s investment exposure. Additionally, the other tokens cumulatively amassed to $134M. Moreover, the rest of the liquid investments and venture and fund investments of Galaxy Digital equaled $45M and $650M.