Galaxy Digital is trading 4.09% down at $18.31, with broader risk-off pressure the clearest backdrop.
- Nasdaq fell 1.79%; Bitcoin and Ethereum declined 0.65% and 1.36%, respectively, since their prior closes.
- Shares gained 11.12% on October 28; a report noted Thursday’s drop alongside the national trust bank charter application and suggested profit-taking, but did not establish the filing as its cause.
- October 27 earnings included $323 million in quarterly net income; available evidence does not point to earnings as the reason for Thursday’s decline.