CryptoWhistle - Crypto Currency Tracker logo CryptoWhistle - Crypto Currency Tracker logo
Seeking Alpha 2021-08-16 13:31:47

Galaxy Digital Q2 reflects digital asset volatility, higher trading volume

Cryptocurrency asset manager Galaxy Digital's (OTCPK:BRPHF) Q2 net comprehensive loss of $175.8M was primarily driven by continued digital asset volatility as bitcoin reached record high of almost $65K in April then sank to ~$35K by the end of the quarter. Still, the company's core operating activities "delivered another quarter of rapid growth consistent with the pace of adoption of the crypto economy," Founder and CEO Michael Novogratiz said in a statement. This compares with net comprehensive income of $860.2M in Q1, and a $35.3M gain in Q2 a year ago. Partners' Capital equity increased 320% to $1.50B at June 30, 2021, from $356.6M at the same-time a year ago; however, it declined from $1.7B at March 31, 2021 due to losses on the company's core long digital asset positions. Galaxy Digital Investment Banking is working on seven active mandates in various stages of execution, with an active pipeline including many more

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约