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]

Bitcoin (BTC-USD) steadied near $78,000 per token on Monday, but some strategists cautioned that its sharp sell-off over the weekend may not be over as investors seemed reluctant to buy the dip. The world's largest cryptocurrency dropped sharply on Saturday, touching its lowest levels since last April and notching a fourth straight month of losses. The move lower coincided with President Trump's announcement on Friday selecting Kevin Warsh to lead the Federal Reserve when Jerome Powell's term ends in M ...