GLXY GLXY Digital Assets — Impairment of digital assets
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Where this comes from
Reported directly by GLXY in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The official record: GLXY’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is GLXY's digital assets — impairment of digital assets?
- GLXY (GLXY) reported digital assets — impairment of digital assets of $284.4M in Q1 2026.
- How has GLXY's digital assets — impairment of digital assets changed year-over-year?
- GLXY's digital assets — impairment of digital assets increased by 263.2% year-over-year, from $78.31M to $284.4M.
- What is the long-term trend for GLXY's digital assets — impairment of digital assets?
- Over 2 years (2023 to 2025), GLXY's digital assets — impairment of digital assets has grown at a 264.6% compound annual growth rate (CAGR), from $47.79M to $635.41M.
- What does digital assets — impairment of digital assets mean?
- Reflects the non-cash reduction in the carrying value of digital asset holdings when their fair market value falls below their recorded book value. This metric highlights the volatility and market risk inherent in the company's balance sheet exposure to crypto-assets. High impairment charges indicate significant downward price pressure on the underlying assets held by the segment.