Galaxy Digital (GLXY) shares closed down 14% on Wednesday, falling to $19.07 after the crypto financial services firm reported a second-quarter net loss of $85 million. Revenue dropped 15% to $8.7 billion from $10.2 billion in the prior quarter, and the company posted an adjusted diluted loss of $0.09 per share. The stock's slide erased gains from earlier in the week as investors weighed a mixed earnings report against signs of progress in Galaxy's infrastructure buildout.
... We need to translate to Malay. Let's do it paragraph by paragraph. Paragraph 1: "Galaxy Digital (GLXY) shares closed down 14% on Wednesday, falling to $19.07 after the crypto financial services firm reported a second-quarter net loss of $85 million. Revenue dropped 15% to $8.7 billion from $10.2 billion in the prior quarter, and the company posted an adjusted diluted loss of $0.09 per share. The stock's slide erased gains from earlier in the week as investors weighed a mixed earnings report against signs of progress in Galaxy's infrastructure buildout." Translation: "Saham Galaxy Digital (GLXY) ditutup turun 14% pada Rabu, jatuh kepada $19.07 selepas firma perkhidmatan kewangan kripto itu melaporkan kerugian bersih suku kedua sebanyak $85 juta. Hasil menurun 15% kepada $8.7 bilion daripada $10.2 bilion pada suku sebelumnya, dan syarikat mencatatkan kerugian terlaras dicairkan sebanyak $0.09 sesaham. Kejatuhan saham itu menghapuskan keuntungan awal minggu apabila pelabur menimbang laporan pendapatan bercampur dengan tanda-tanda kemajuan dalam pembinaan infrastruktur Galaxy." We need to ensure "crypto financial services firm" -> "firma perkhidmatan kewangan kripto" is fine. "second-quarter" -> "suku kedua". "adjusted diluted loss" -> "kerugian terlaras dicairkan" (or "kerugian dicairkan terlaras" but we can use "kerugian terlaras dicairkan" as is). "infrastructure buildout" -> "pembinaan infrastruktur" or "pembangunan infrastruktur". I'll use "pembinaan". Paragraph 2: "The net loss of $85 million was an improvement from the $216 million loss in Q1, but the revenue decline and a $42 million adjusted gross loss in the Treasury and Corporate segment weighed on sentiment. Adjusted EBITDA came in at negative $77 million. Total equity stood at $2.7 billion at quarter-end, down from $3.1 billion in the prior period. Trading volumes slipped 7% as market activity cooled across the crypto sector, though the company did not specify exact volume figures." Translation: "Kerugian bersih $85 juta itu adalah peningkatan daripada kerugian $216 juta pada S1, tetapi penurunan hasil dan kerugian kasar terlaras sebanyak $42 juta dalam segmen Perbendaharaan dan Korporat membebankan sentimen. EBITDA terlaras berada pada negatif $77 juta. Jumlah ekuiti berada pada $2.7 bilion pada akhir suku, turun daripada $3.1 bilion pada tempoh sebelumnya. Jumlah dagangan merosot 7% apabila aktiviti pasaran menyejuk merentas sektor kripto, walaupun syarikat tidak menyatakan angka volum yang tepat." We need to translate "Q1" as "S1" (Suku pertama) or keep "Q1"? Since we used "S2" for Q2, we can use "S1" for consistency. Also "Treasury and Corporate segment" -> "segmen Perbendaharaan dan Korporat". "Adjusted EBITDA" -> "EBITDA terlaras". "Total equity" -> "Jumlah ekuiti". "Trading volumes" -> "Jumlah dagangan" or "Volum dagangan". I'll use "Jumlah dagangan" but "volum" is also used. I'll use "Volum dagangan" for accuracy. Actually, "Trading volumes" is plural, so "Volum dagangan" is fine. "market activity cooled" -> "aktiviti pasaran menyejuk" or "menurun". I'll use "menyejuk" as it's a metaphor. Paragraph 3: "Not everything was red. Galaxy's Digital Assets unit posted an adjusted gross profit of $66 million, up 34% from the first quarter. The gain came despite the broader market slowdown, suggesting the firm's trading and investment strategies are holding up better than some peers. The Data Centers segment also contributed, generating $20 million of adjusted gross profit and $11 million of adjusted EBITDA in Q2 2024." Translation: "Tidak semuanya merah. Unit Aset Digital Galaxy mencatatkan keuntungan kasar terlaras sebanyak $66 juta, meningkat 34% daripada suku pertama. Keuntungan itu datang walaupun berlaku kelembapan pasaran yang lebih luas, menunjukkan strategi dagangan dan pelaburan firma itu lebih baik daripada sesetengah rakan sebaya. Segmen Pusat Data juga menyumbang, menjana keuntungan kasar terlaras sebanyak $20 juta dan EBITDA terlaras sebanyak $11 juta pada S2 2024." We need to translate "Digital Assets unit" -> "Unit Aset Digital". "adjusted gross profit" -> "keuntungan kasar terlaras". "broader market slowdown" -> "kelembapan pasaran yang lebih luas". "peers" -> "rakan sebaya". "Data Centers segment" -> "Segmen Pusat Data". "Q2 2024" -> "S2 2024". Paragraph 4: "Galaxy completed the first phase of power delivery at its Helios campus in Texas, supplying 133 megawatts of critical computing load to CoreWeave under a 15-year lease. The deal is expected to generate roughly $80 million in quarterly revenue starting in Q3, with margins above 90%. After the quarter ended, Galaxy bought three more Texas sites, pushing its total power pipeline beyond 5.7 gigawatts. The company raised $3.5 billion in senior secured notes due 2031 on July 28 to fund construction of Helios I Phase II." Translation: "Galaxy menyelesaikan fasa pertama penghantaran kuasa di kampus Helios di Texas, membekalkan 133 megawatt beban pengkomputeran kritikal kepada CoreWeave di bawah pajakan 15 tahun. Perjanjian itu dijangka menjana kira-kira $80 juta hasil suku tahunan bermula pada S3, dengan margin melebihi 90%. Selepas suku berakhir, Galaxy membeli tiga lagi tapak di Texas, menjadikan jumlah saluran kuasa melebihi 5.7 gigawatt. Syarikat itu mengumpul $3.5 bilion dalam nota terjamin kanan yang matang pada 2031 pada 28 Julai untuk membiayai pembinaan Helios I Fasa II." We need to translate "power delivery" -> "penghantaran kuasa". "critical computing load" -> "beban pengkomputeran kritikal". "15-year lease" -> "pajakan 15 tahun". "quarterly revenue" -> "hasil suku tahunan". "Q3" -> "S3". "margins" -> "margin". "power pipeline" -> "saluran kuasa" or "pipeline kuasa". I'll use "saluran kuasa". "senior secured notes" -> "nota terjamin kanan". "due 2031"Galaxy Digital Shares Tumble 14% on $85M Q2 Loss Despite Helios Progress
