The Block
The Block|Aug 05, 2026 13:22
THE BLOCK: Galaxy Digital posted a Q2 net loss of $85M as digital asset prices fell, while its data center segment turned its first profit — $20M adjusted gross profit as CoreWeave capacity came online. Galaxy's Texas power pipeline now tops 5.7 GW after three new site acquisitions. GLXY shares fell over 6% in Wednesday's pre-market session.(The Block)
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