Shares of Crypto Galaxy Digital Dropped -22% on the TSX Yesterday

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Galaxy Digital Holdings

Yesterday, cryptocurrency-focused merchant bank Galaxy Digital Holdings Ltd. (GLXY) started trading on the Toronto Stock Exchange. The stock lost a lot of momentum but closed the day in the green.

Galaxy Digital TSX Stock Movement

According to TMXMoney, Galaxy Digital Holdings started trading at $2.09 a share and ended the day at $2.30. The stock gained $0.21 (+10.04%) yesterday.

Yesterday, GLXY reached a peak of $2.49 a share and a low of $1.92, losing over -22.89%. Days after billionaire Mike Novogratz revealed Galaxy Digital, the crypto market bank lost $134 million during Q1.

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