Galaxy Digital Q4 2025 suffers a massive loss of $482 million! The crypto winter hits GLXY stock price, but institutions remain optimistic

Affected by the decline in major assets such as Bitcoin, Ethereum, and Solana, Galaxy Digital (GLXY) released its Q4 2025 financial report, causing a market震动. The company reported a net loss of up to $482 million for the quarter, with a total annual loss of $241 million, including approximately $160 million in one-time costs. CEO Michael Novogratz stated directly during the conference call that the crypto market is currently in a clear downtrend.

Data shows that Bitcoin fell about 20% in the fourth quarter, directly dragging down Galaxy’s asset valuation, with digital asset impairments becoming the main source of losses. Despite the pressure on performance, the company remains financially strong, holding about $2.6 billion in cash and stablecoins as of the end of 2025. The platform’s total assets are approximately $12 billion, and the asset management division saw a net inflow of about $2 billion throughout the year.

After the earnings release, GLXY’s stock price quickly retreated. It closed at $26.44 on the previous trading day, then briefly dipped to around $24, with a nearly 15% single-day decline, and trading volume increased to nearly 2 million shares. The current market cap is about $8.4 billion, with the stock price below the 50-day and 200-day moving averages, indicating short-term压力.

However, Wall Street’s attitude has not turned pessimistic. Several institutions maintain “Buy” or “Overweight” ratings, with an average target price of about $46, and some institutions see higher upside potential. Vanguard increased its holdings in the stock by over 27% in Q4, and management and directors have also recently increased their holdings, seen as recognition of the long-term outlook.

In addition, Galaxy has made new progress in the artificial intelligence data center field. Texas has approved its addition of 830 MW of power capacity, bringing the total to over 1.6 GW, opening new growth imagination space for the company. Novogratz stated that market cycles recur, and the key is continuous construction and patience. Although current losses are heavy, the company’s reserves, business layout, and institutional support still leave room for GLXY to turn around.