Galaxy Digital's first-quarter net profit rises to $421.7 million, revenue rises to $259.7 million

Galaxy Digital, a digital asset financial services company, released its latest financial statements showing that the company's revenue and profits increased significantly in the first quarter, thanks to the growth of its mining business revenue, mainly including: 1. Galaxy Digital's net profit in the first quarter increased to US$421.7 million ($1.23 per share), an increase of about 214% over the same period last year; 2. The company's revenue increased from US$146.7 million in the same period last year to US$259.7 million; 3. According to the company's business scope, Galaxy's mining business revenue was US$31.5 million, which was the driving force behind most of the company's overall revenue growth in the first quarter. (TheBlock)