Core Insights - Galaxy Digital Inc. reported a significant net loss of $482 million for Q4 2025, leading to a 20.65% drop in share price to $21.32, highlighting the challenges faced by crypto firms during market downturns [1][2] Financial Performance - The company's digital asset holdings decreased by 22% from the previous quarter, falling from $2.14 billion to $1.68 billion [2] - Revenue for Q4 2025 declined to $10.37 billion, down from $15.81 billion in the same quarter the previous year, with trading volumes plummeting by 40% [2] - Adjusted EBITDA turned negative at $518 million, contrasting sharply with a net income of $505 million reported in Q3 2025 [2][3] Market Context - The drastic loss in Q4 2025 is attributed to a significant drop in the overall crypto market cap, which fell from $4.4 trillion in October 2025 to approximately $2.7 trillion by February 2026 [3] - Bitcoin experienced a 23% decline in Q4 2025, marking its worst fourth quarter since 2018, while Ethereum dropped by 28% [5] Investor Sentiment - The sharp decline in share price, erasing nearly $5.12 per share, has pushed Galaxy's stock to its lowest level since July 2025, driven by investor concerns over the company's exposure to volatile token prices [4]
Galaxy Digital Shares Plunge 20% Following $482M Q4 Loss Report