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Galaxy Digital Announces 2022 Financial Results

- Net loss of $288 million for the Fourth Quarter of 2022

- The Company ended 2022 with Partners' Capital of $1.4 billion and maintains a strong liquidity position of $957 million as of year-end

- Preliminary First Quarter 2023 Income before tax of $150 million1

- Focus for 2023: Organic platform build through market downturn, in addition to integrating and scaling recent strategic acquisitions

Galax also updates the status of its US Listing efforts:

"As previously announced, the Company intends to complete its proposed reorganization and domestication to become a Delaware-incorporated company and subsequently list on the Nasdaq, upon completion of ongoing SEC review and subject to stock exchange approval of such listing. On February 9th, 2023 Galaxy filed an amendment to its registration statement responding to SEC comments, which is under review."

For the full report, see here.

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