Galaxy Digital Loses $76 Million in Q3, Novogratz Remains Bullish9.39

The Mike Novogratz-led Galaxy Digital Holdings LP suffered $76 million in third-quarter losses, taking the company’s losses in 2018 so far to a grand total of $175 million.

Cryptocurrency merchant bank, Galaxy Digital, has released its quarterly earnings report, and the results from the third quarter of the year are looking grim. The firm has reported a net loss of $76.6 million in Q3 2018, bringing the company’s year-to-date losses to $175.6 million in the first nine months of the year.

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