Michael Novogratz

Galaxy Digital Scraps $1.2B Plan to Buy Crypto Custody Firm BitGo
Galaxy Digital Scraps $1.2B Plan to Buy Crypto Custody Firm BitGo
Galaxy Digital, the cryptocurrency-focused financial services firm run by noted investor Michael Novogratz, is walking away from its plan to buy BitGo, saying the crypto custo...
Galaxy Digital Scraps $1.2B Plan to Buy Crypto Custody Firm BitGo

Novogratz's Galaxy Digital Reports Nearly $555M in Q2 Net Losses
Novogratz’s Galaxy Digital Reports Nearly $555M in Q2 Net Losses
Michael Novogratz’s crypto-focused financial services firm Galaxy Digital reported a second-quarter net loss of $554.7 million, more than triple the loss from the same period...
Novogratz's Galaxy Digital Reports Nearly $555M in Q2 Net Losses

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Galaxy Digital Warns Losses Could Continue as Coronavirus Hits Bottom Line
The crypto merchant bank just managed to keep its head above water in 2019, but says profits will likely suffer amid the effects of Covid-19.
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Novogratz's Crypto Investment Firm Galaxy Digital Shrinks Workforce 15%
Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said.
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Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate
Bitcoin’s recent price jump after the U.S. killing of a top Iranian official has rekindled a long-running debate among investors: whether it will work as a safe-haven asset li...
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Don't Throw the Crypto Tokens Out With the Bathwater
We’re at a point where any idea associated with tokens struggles for legitimacy and money. It would be a shame if we ditched token economics altogether.
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Novogratz's Galaxy Digital Will Start Trading on a Stock Exchange This Week
Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week.
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AlphaPoint Raises $15 Million In First Major Funding Round
Crypto services company AlphaPoint announced it raised $15 million in its first major round of venture capital funding from Galaxy Digital.
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Bloomberg Partners with Novogratz to Launch Crypto Index
Bloomberg has partnered with Michael Novogratz's Galaxy Digital Capital Management to launch a cryptocurrency index.
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Mike Novogratz Doubles Down on $10,000 Bitcoin
Billionaire Mike Novogratz has restated his belief that bitcoin will end the year at $10,000, while ethereum could hit $500.
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