Galaxy Digital Share Price Dips 14% Despite Strong Q3 Earnings Growth
Galaxy Digital GLXY shares have lost 14% since the company reported third-quarter 2025 results on Oct. 21. The broader cryptocurrency market has experienced a sell-off, which has put downward pressure on GLXY and other crypto-related stocks.
However, in the third quarter of 2025, GLXY reported earnings of $1.12 per share against the year-ago quarter’s loss of 10 cents per share. The bottom line surpassed the Zacks Consensus Estimate by 194.74%
Revenues of $28.4 billion climbed 231.4% year over year and beat the consensus mark by 43.12%.
Galaxy Digital shares have gained 63.8% year to date, outperforming the Zacks Finance sector’s 12.8% return.
Galaxy Digital…