Galaxy Digital shares slip 5% after second-quarter results
Helios produced data-center revenue for the first time with Phase I expected to generate about $80 million quarterly from Q3.
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Summary
- Galaxy shares fell 5% premarket after mixed quarterly results.
- The company posted a loss of just $0.09 per share, versus forecasts of $0.28, while revenue of $8.8 billion was shy of estimates of $9 billion.
- Helios generated data-center revenue for the first time, with Phase I expected to generate about $80 million per quarter starting in the third quarter.
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Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Why it matters:
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
