Stocks in play: Galaxy Digital Holdings Ltd.
Is providing a preliminary quarter-to-date company update, in light of recent market conditions. The company has a liquidity position of approximately $1.6 billion, including $800 million in cash and over $800 million in net digital assets, with the majority of net digital assets in non-algorithmic stablecoins.. Quarter-to-date Net comprehensive income is expected to be a loss of approximately $300 million, bringing Partners' Capital to $2.2 billion, a decline of 12% versus March 31, 2022. Galaxy Digital Holdings Ltd. shares T.GLXY are trading unchanged at $7.72.
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