Galaxy Digital shares slip 5% after second-quarter results

Helios produced data-center revenue for the first time with Phase I expected to generate about $80 million quarterly from Q3.

Galaxy shares fell 5% premarket after mixed quarterly results.
The company posted a loss of just $0.09 per share, versus forecasts of $0.28, while revenue of $8.8 billion was shy of estimates of $9 billion.
Helios generated data-center revenue for the first time, with Phase I expected to generate about $80 million per quarter starting in the third quarter.

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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

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