BEARISH 📉 : Galaxy Digital shares drop 21% after $482M Q4 loss

Galaxy Digital Inc. (Nasdaq: GLXY) shares dropped 20.65% to $21.32 after reporting a $482 million net loss in Q4 2025.

  • In 2025, the firm recorded a total loss of $241 million due to declining token values and $160 million in one-time charges.
  • Digital asset holdings decreased by 22%, from $2.14 billion to $1.68 billion.
  • Revenue fell to $10.37 billion in Q4 from $15.81 billion the previous year; trading volumes decreased by 40%.
  • Adjusted EBITDA was negative at $518 million.

Market Impact

  • Stock plummeted to its lowest since July 2025, losing $5.12 per share.
  • The decline reflects concerns over Galaxy's exposure to volatile crypto prices.

Price graph for Galaxy Digital stocks | Source: Yahoo! Finance

Crypto Market Context

  • Bitcoin fell 23% in Q4 2025, marking its worst quarter since 2018.
  • Ethereum dropped 28% during the same period.
  • Current Bitcoin price is around $74,000, with forecasts predicting a drop to $65,000.
  • Total crypto market cap stands near $2.65 trillion as of early February 2026.