Galaxy Digital Research Director Alex Thorn stated that Galaxy's client selling approximately $9 billion worth of Bitcoin is not due to the "quantum computing risk"; Mike Novogratz (Founder and CEO of Galaxy Digital) only mentioned that some in the market consider quantum computing as one of the explanations for Bitcoin's weakness, but he personally does not agree. Previously, Galaxy disclosed performance data showing a net loss of $482 million in Q4 2025 and a total annual loss of $241 million.

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