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Galaxy Digital Shares Fall 5% After Q2 Earnings Report

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Galaxy Digital saw its shares decline 5% following the release of its second-quarter financial results. The company's Helios division generated data-center revenue for the first time during the period. Phase I of the Helios project is projected to bring in approximately $80 million per quarter beginning in Q3. The milestone marks a notable expansion of Galaxy Digital's operations beyond its core crypto financial services business.

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Galaxy Digital Shares Fall 5% After Q2 Earnings Report · ShortSingh