Galaxy Digital reported a net loss of $482 million in Q4 2025. Cryptocurrency companies posted significant net losses on their financial statements in 2025, with one of the contributing factors being "the decline in digital asset prices" and approximately $160 million in one-time expenses. The decline in digital asset prices was a major factor affecting their financial performance, along with other expenses such as restructuring costs and impairments. Despite these losses, the company continues to focus on strategic investments and development within the digital asset space to position itself for future growth.