News linked to both this project and an event.
Galaxy Digital released its first-quarter 2026 financial results, reporting a net loss of $216 million and a diluted loss per share of $0.49. The primary driver was the broad downturn in cryptocurrency markets during the quarter, with total crypto market capitalization shrinking by approximately 20%. Its crypto asset holdings declined from $1.67 billion in Q4 2025 to $1.36 billion. As of the end of March, its largest crypto holding was 6,894 BTC (approximately $431 million), followed by $61 million worth of SOL and $42 million worth of ETH. Despite the pressure on earnings, Galaxy Digital’s AI infrastructure business is progressing smoothly: the company confirmed delivery of its first data center facility to CoreWeave and expects to fulfill its full commitment of 133 megawatts of AI/IT infrastructure by the end of Q2. Boosted by this news, the company’s stock (NASDAQ: GLXY) rose 5% intraday—a move that diverged from Bitcoin’s concurrent decline. Wall Street analysts currently assign GLXY an aggregate rating of “Moderate Buy,” with a consensus target price of $39.40—implying roughly 50% upside from its share price of $26.30 at the time of writing.
Bitget’s Q1 2026 Transparency Report, released today, shows that user trading behavior is rapidly shifting from single crypto assets to multi-asset portfolios. By the end of Q1, non-crypto assets—such as commodities—accounted for 20%–40% of total trading volume, while crypto assets’ share declined from a dominant position at the start of the year to 60%–80%. This fluctuation signals that holistic asset portfolios have become the core strategy for high-net-worth investors. At the product and ecosystem level, Bitget released the whitepaper for its Holistic Exchange (UEX) in Q1, further clarifying the integration path for crypto assets, tokenized assets, and AI-driven trading within a unified architecture. Simultaneously, the platform has continued strengthening its AI trading infrastructure, launching Agent Hub and GetClaw—advancing AI from an assistive tool to an execution system that enables agents to ingest real-time market data, identify trading signals, and execute operations autonomously within predefined parameters. Gracy Chen, CEO of Bitget, stated: “The boundary between crypto markets and traditional finance is rapidly dissolving; the explosive growth of CFDs heralds the arrival of a unified market. Users are no longer making binary asset choices—they are engaging in efficiency-based competition across diverse assets under a single logical framework.”