secwatch.observer — SEC 8-K summary
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Issuer:     Galaxy Digital Inc. (GLXY)
CIK:        0001859392
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001859392-26-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Galaxy Digital Q4 net loss $482M, FY net loss $241M; record bitcoin trade executed
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- Q4 2025 net loss $482M, diluted EPS $(1.08); full year net loss $241M, diluted EPS $(0.61).
- Full year adjusted gross profit $426M, adjusted EBITDA $34M; ~$160M one-time costs.
- Global Markets record volumes and loan book ($1.79B avg); executed one of largest bitcoin trades.
- Asset Management $2.0B net inflows (34% organic); $12B assets on platform; staking expanded.
- Cash & stablecoins $2.6B; raised $325M equity and $1.3B exchangeable notes; Helios 1.6 GW approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859392/000185939226000009/0001859392-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859392/000185939226000009/glxy-20260203.htm
  HTML page:      https://secwatch.observer/filing/0001859392-26-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer