secwatch.observer — SEC 8-K summary
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Issuer:     Galaxy Digital Inc. (GLXY)
CIK:        0001859392
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001859392-26-000047
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Galaxy Digital reports Q1 net loss of $216M; digital asset depreciation drives results
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- Net loss of $216M, diluted and adjusted EPS of -$0.49; prior Q4 loss was $482M.
- Adjusted gross loss of $88M and adjusted EBITDA of -$188M for Q1 2026.
- Total equity $2.8B, cash and stablecoins $2.6B; net digital assets & investments down 19% Q/Q to $1.362B.
- Galaxy delivered first data hall to CoreWeave at Helios; ERCOT approved additional 830MW, total capacity >1.6GW.
- Repurchased 3.2M shares for $65M during Q1; completed voluntary TSX delisting, sole listing on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859392/000185939226000047/0001859392-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859392/000185939226000047/glxy-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001859392-26-000047

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