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Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market

The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter.

Galaxy Digital CEO Mike Novogratz at the Token 2049 conference in Singapore in 2022 (Sam Reynolds/CoinDesk)
Galaxy Digital CEO Mike Novogratz at the Token 2049 conference in Singapore in 2022 (Sam Reynolds/CoinDesk)