
Novogratz discusses Helios expansion and digital asset infrastructure.
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Novogratz discusses Helios expansion and digital asset infrastructure.
Galaxy Digital stock fell 14% after the firm posted an $85 million Q2 loss while expanding its AI data center pipeline.
Galaxy Digital Inc (GLXY) reports strong data center progress and strategic partnerships, offsetting a GAAP net loss driven by digital asset depreciation.
At the top of today’s show, we cover Galaxy Digital and TeraWulf’s Q2 earnings, plus updates on their AI data center builds. Following the earnings update, TeraWulf CFO Patrick Fleury…
Galaxy Digital (GLXY) shares fell more than 11% on Aug. 5 after the crypto financial services firm reported a second-quarter net loss of $85 million, weighed down by falling digital asset prices despite continued expansion of its artificial intelligence infrastructure business. The company posted ...
Galaxy’s quarterly loss narrowed by 61% as its data center segment began generating revenue and the company funded the next 260 MW of critical IT capacity at Helios.
Core Scientific announced a $15 billion AI deal with AMD and a neocloud during its Q2 earnings, and Galaxy Digital has purchased a new site for a 74 MW AI…
Against the backdrop of continued market volatility, we took decisive steps to strengthen Forward's capital foundation, improve our cost structure and deepen our engagement across the Solana ecosystem. In March, we completed a strategic share repurchase that reduced our common shares outstanding by 7.4%, accessing $40 million of institutional debt from Galaxy Digital on highly advantageous terms and implemented a cost reduction initiative that has yielded material operating expense savings through disciplined cost management. Together, these actions reflect the long-term mindset that we bring to managing Forward: disciplined capital allocation, compounding SOL per share, which is currently above 44% on an annualized basis -- on an annualized in-the-money basis, and positioning the business to grow and diversify alongside the Solana ecosystem.
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