Jan 3, 2019Â â‹…Â 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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