News
Twelve months earlier, the company recorded a comprehensive loss of $26.9 million.
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Michael Novogratz News
Who is Michael Novogratz? The founder of finance company Galaxy Digital, Michael Edward Novogratz is a notable figure in the cryptocurrency space. Bullish on Bitcoin (BTC), Michael Novogratz has made numerous comments on the asset and its price over the years. Michael Novogratz’s net worth sits in the billions. Novogratz led Fortress Investment Group prior to his transition to Galaxy Digital. Novogratz has advocated for anywhere between a 1% to 5% allocation to Bitcoin.
Viewers can often find Michael Novogratz featured in interviews with CNBC, as well as other media outlets, in which he discusses various financial topics, including his latest thoughts on Bitcoin and other components of the cryptocurrency industry.
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Under the acquisition’s terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash.
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Galaxy Digital’s billionaire CEO told CNBC he’s shocked at the speed of cryptocurrency adoption.
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The growing appetite of institutional investors means companies now hold more than 460,000 BTC, which is 3% of the total supply in circulation.
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Mike Novogratz's Galaxy Digital is launching its own Bitcoin mining operations and creating a new business unit dedicated to providing financial services to miners.
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Forbes has named the six biggest winners of this latest cryptocurrency rally, including the Winklevoss brothers and Bloq’s Matthew Roszak.
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Bitcoin price may have hit a multi-year high, but numerous fundamental factors signal that even better days are ahead.
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Peter Schiff seems to disagree, however, having bashed Bitcoin a number of times in the past 24 hours.
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Michael Novogratz, who predicted BTC to hit $20,000 by the end of 2020, advises investors to own more gold than Bitcoin.
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In anticipation of AVA mainnet launch this summer, Emin Sirer’s AVA project raises $12 million from major industry investors.
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Mike Novogratz suspects Bitcoin's recent upward price action is a result of the U.S. government's corrective economic measures.
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As Telegram delays TON launch, Mike Novogratz said that the crypto community doesn’t need either TON or Grams at all.
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Galaxy Digital’s net losses saw some improvement in Q4 2019, down from around $68 million in Q3 to about $33 million.
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Mike Novogratz, CEO of crypto merchant bank Galaxy Digital, admitted that he might give up on Bitcoin if its price does not hit new highs in 2020.
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Just as Bitcoin’s creation is bound up with 2008 and the Great Recession, Galaxy Digital founder Mike Novogratz sees this year as make-or-break for the cryptocurrency.
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