Research

🌌 Novogratz buys another 2.7% of his galaxy digital crypto fund for $5 Million

Messari

Jan 3, 2019 ⋅  1 min read

Michael Novogratz, venture capitalist and CEO of Galaxy Digital Holdings, Inc., bought 7.5 million shares of his company for $4.8 million. Novogratz now owns 79.3 percent of company shares. Galaxy saw a net loss of $76.65 million in Q3 2018 which Novogratz described as the reality of building "a business in a bear market."

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