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2019-12-03 20:51:40

Galaxy Digital loses $68M in Q3 of 2019: Blames Libra

Galaxy Digital has announced its quarterly report with the firm losing over 68 million dollars in the third quarter of 2019. Galaxy Digital quarterly report Fortunately, Galaxy Digital is capable of withstanding such results as it has flourished across the previous six months. The assets under its management are close to half a billion dollars, and the company still has a net profit of 58 million dollars across the nine months. The company’s founder Mike Novogratz noted that the quarter’s result was bad but remained optimistic about the future. He stated that the period was also challenging for many other