Galaxy Digital, a leading digital assets investment and merchant banking firm, released its second-quarter financial results. The company reported revenue of $23 million for the quarter, a significant increase from $14 million in Q2 last year. However, Helios, one of Galaxy's key businesses, only generated revenue for the first time during the period.
Source
"Galaxy Digital Shares Plummet After Mixed Second-Quarter Results" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
Helios produced data-center revenue for the first time, exceeding expectations with Phase I expected to generate around $80 million quarterly from Q3 onwards.
