Galaxy Digital Posts $482M Loss in Q4 2025 Mike Novogratz's Galaxy Digital Reported a $482M Net Loss as Crypto Markets Dropped 24% in Q4. Key Numbers: ✅ Q4 Loss: $482M ✅ Trading Volumes Down 40% ✅ $BTC Fell 25%, $ETH down 38% But They Still Hold $2.6B Cash And $3B Equity.