
Galaxy Digital Reports $85 Million Q2 Net Loss Amid Crypto Slump
Galaxy Digital reported an $85 million net loss for Q2 2026 due to falling cryptocurrency valuations, with revenue dropping 15% to $8.7 billion. Shares fell 6.2% in premarket trading.

Galaxy Digital reported an $85 million net loss for Q2 2026 due to falling cryptocurrency valuations, with revenue dropping 15% to $8.7 billion. Shares fell 6.2% in premarket trading.

Coupang Inc. reported a Q2 net loss of 865 billion won ($570 million) compared to a net profit a year earlier, driven by record fines from a massive data breach involving over 37 million customers.

American Bitcoin, co-founded by Eric Trump and Donald Trump Jr., reported record Q2 Bitcoin production of 932 BTC, boosting mining revenue to $67 million. The Nasdaq-listed company narrowed its net loss to $57.2 million and completed a reverse stock split.

Coinbase's Q2 2026 results show 88% of net revenue came from non-Bitcoin spot trading, yet the company posted a $359.5 million net loss. Diversification efforts, including derivatives and stablecoin distribution, softened the revenue decline but didn't offset it entirely.

Coinbase reported $1.22 billion in Q2 revenue, missing estimates, and a $359 million net loss, causing shares to fall 5% in after-hours trading. The decline was attributed to reduced crypto spot trading volume and lower crypto asset prices, despite some market share gains.

MMK Group reported a net loss of 19.1 bln rubles ($244.3 mln) in H1 2026, down from a profit a year prior, as revenue fell 10% due to lower selling prices. Q2 2026 saw revenue increase by 18.8% quarter-on-quarter due to seasonal demand recovery.
Budget carrier IndiGo reported a net loss of Rs 238 crore for Q1 FY27, a significant decline from a Rs 2,176 crore profit last year. This loss occurred despite a 20% revenue increase, primarily due to a substantial 86% surge in aircraft fuel expenses.

LG Display Co. reported a net loss of 418.8 billion won in Q2, swinging from a profit, primarily due to one-off costs from a voluntary retirement program. Despite this, operating losses narrowed, and the company plans to expand premium OLED product sales in H2.
Tata Play's net loss increased to ₹551 crore in FY26 due to declining DTH subscribers migrating to free platforms and streaming services. Revenue fell 13.5% amid a dispute with Sony Pictures Networks India, impacting market share.

Meituan reported a net loss of 4.97 billion yuan for Q1, its third straight losing quarter. However, a 7.6 billion yuan gain from investments, notably in Zhipu (Z.ai), offset the loss. Meituan's shares rose over 9% following the announcement.

Meituan reported a 5.6% year-on-year revenue increase to 91 billion yuan (US$13.45 billion) for the first quarter. CEO Wang Xing highlighted overseas expansion, particularly the Keeta food delivery business in the Middle East, and AI initiatives.

AI Financial Corp. reported a $271.5 million Q1 net loss, citing a working capital deficit and liabilities that cast doubt on its ability to continue operations. The company's significant holdings in World Liberty Financial (WLFI) tokens have depreciated substantially.

Bitcoin miner Canaan's Q1 net loss widened to $88.7M on revenue down 68% QoQ to $62.7M. The firm is cutting costs and shifting focus to AI and high-performance computing infrastructure.

Bitcoin miner Canaan reported an $88.7 million net loss for Q1 2026 due to falling BTC prices and a $25M inventory write-down. Revenue dropped to $62.7M, with industrial mining equipment sales down 75%.
Afcons Infrastructure's stock dropped 9% after reporting a net loss of Rs 89 crore in Q4 FY26, a significant fall from the previous year's profit. Revenue also declined 18%, missing revised full-year guidance.

Strive's shares increased 5.8% after the company announced it will offer daily dividends from June 16, funded by its Bitcoin treasury, and reported being debt-free after Q1 2026.

Upexi's shares fell 8.16% after reporting a $109 million Q3 net loss, driven by $92.3 million in unrealized crypto losses, despite 46% revenue growth to $4.6 million, largely from crypto staking.

A Bitcoin whale is down $13 million as BTC price rebounds 40% from February lows, but the trader continues to stand by the short position

Exodus Movement reported a $32.1 million net loss in Q1, with revenue down 36.8% to $22.7 million amid a drop in monthly active users.

Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes.

CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines.

Sharplink posted a quarterly net loss of nearly $686 million, but shares are up following word of a $125 million collaboration with Galaxy.

Trump Media’s $405.9 million net loss was driven mostly by unrealized losses on Bitcoin bought at last summer’s peak and Cronos tokens acquired through a Crypto.com deal.

TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.