🔴 Galaxy Digital is trading 13.2% down today after reporting a Q2 net loss and detailing its strategic pivot to AI

Galaxy Digital is trading 13.2% down at $19.32 after reporting a Q2 2026 net loss and detailing its strategic pivot toward AI-focused data centers.

• The company posted a net loss of $85 million and an adjusted loss of $0.09 per share, which outperformed analyst expectations.
• Investors are digesting new guidance on the transition from crypto mining to high-performance computing (HPC) data centers, adding uncertainty to the business mix.
• The move is prompting profit-taking following recent sharp gains as the market evaluates the execution risks of the new strategic direction.