Galaxy announced Q1 financial report: net loss of $295 million, holding approximately $1.1 billion in cash and stablecoins.

GateUser-6433627c · 2025-05-13T16:36:35+00:00

Galaxy announced its Q1 2025 financial report: a net loss of $295 million, holding approximately $1.1 billion in cash and stablecoins. Total revenue was $12.9 billion, with an operating loss of $13.1 billion offset by total transaction fees, a quarter-on-quarter decrease of 21%. Total managed and held assets amounted to approximately $7 billion, down 29% quarter-on-quarter due to the fall in digital asset prices. Holding BTC investment vehicles, including Bitcoin futures ETF, as well as $19.6 million in SOL and $21.7 million in TIA.

GateUser-6433627c

2025-05-13 16:36:35

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[Galaxy Announces Q1 Financial Report: Net Loss of $295 Million, Holds Approximately $1.1 Billion in Cash and Stablecoins] Galaxy announced its financial performance report for the first quarter of 2025, which disclosed:

Net loss of $295 million, equity capital of $1.9 billion as of March 31, 2025, holding about $1.1 billion in cash and stablecoins.
Total revenue and operating profit and loss amounted to $12.9 billion, offset by total transaction fees of $13.1 billion, a quarter-on-quarter decrease of 21%.
Galaxy’s total assets under management and holdings amounted to approximately $7 billion, down 29% quarter-on-quarter due to the decline in digital asset prices.
The rights to hold BTC investment instruments, including Bitcoin futures ETFs, also hold SOL valued at 19.6 million USD and TIA valued at 21.7 million USD.

BTC-1,3%

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