BlockBeats news, on May 13, Galaxy Digital announced its first quarter financial report on Tuesday, with a net loss of $295 million. Galaxy Digital stated that the loss was primarily due to the decline in digital asset prices during the period, which affected trading activity and valuation, as well as a $57 million impairment charge and disposal costs related to the gradual shutdown of its Helios data center mining operations. Additionally, Galaxy Digital plans to list on Nasdaq on May 16.