Galaxy Digital Posts Net Loss of $272.7 Million for 2018
Galaxy Digital CEO Michael Novogratz reportedly compared the final quarter of 2018 to watching Game of Thrones.
According to The Block, CEO Michael Novogratz said the final quarter of the year for the crypto industry “felt a little bit like watching Game of Thrones last night” — alluding to the show’s reputation for bloody, violent storylines.
He reportedly told shareholders during a conference call:
“The results on the year weren’t great by any means… But it’s a little deceiving because for me what matters is the operating loss is and what our cash book does.”
Novogratz added that Galaxy Digital&rs