Galaxy Digital lost $46 million in the second quarter

Galaxy Digital lost about $46 million in the second quarter. in the form of a net loss. At the same time, over the previous period, it made a profit of more than $ 134 million. This is reported in the company's press release.

What other data has been published

The company's trading revenue fell by 54%. It amounted to only 59.5 million dollars. However, the company was able to profit from asset management. It has reached almost $34 million. The indicator grew by 619% compared to the first quarter.

The AUM indicator (the value of assets under management) of the division amounted to about $ 2.5 billion, while $ 1.4 billion fell on venture strategies. The company currently has 217 organizations in its portfolio.

The company is also engaged in mining. She received $15.4 million from the mined. The indicator increased by 51%. Thanks to this, the income from its own operations related to the extraction of digital assets has increased.

The company's hashrate at the end of the quarter reached approximately 3.7 EH/s. This is by 20% compared to the previous period. About 45% of the capacity is its own cryptocurrency mining.

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