Galaxy Digital (GLXY) experienced a sharp decline, hitting an all-time low after disappointing earnings, leading to a 16.47% drop to $16.84 per share. The company reported a net loss of $241 million in 2025, a significant swing from a $346.7 million profit in 2024, attributing the loss to lower digital asset prices and one-off costs of around $160 million. Despite a 42% increase in revenues to $60.4 billion, operating expenses also rose by 42% to $61.6 billion. The stock followed a broader market downturn as Bitcoin prices plummeted by 50%, exacerbated by negative comments from Michael Burry, predicting further declines.

Read more at Yahoo Finance: Galaxy Digital (GLXY) Hits All-Time Low as Earnings Disappoint