What caused Galaxy Digital's stock to rally 11%?

The annual report revealed $505M profit from its digital assets core (trading, lending, etc.), overshadowing a $241M net loss from one-offs.

Is Galaxy Digital profitable now?

Core business yes—$505M profit. Overall net loss due to impairments, but ops are cash-positive.

Possible if crypto rallies; prediction: $20/share by 2025 on ETF boom and staking growth.

🔗 Crypto & Blockchain

Everyone braced for another bloodbath from Galaxy Digital. Instead, its crypto heart pumped out $505 million in profit—sending shares up 11%.

theAIcatchup Apr 09, 2026 3 min read

Galaxy's digital assets segment delivered $505M profit, driving 11% stock surge despite $241M net loss. 𝕏
Core businesses like trading, lending, and staking show institutional crypto recovery. 𝕏
Architectural focus on high-margin ops positions Galaxy for ETF-driven growth. 𝕏

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Markets. Money. Innovation.

#Galaxy Digital #crypto profits #digital-assets #stock rally

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Originally reported by The Block