Billionaire Michael Novogratz’s Galaxy Digital Holdings LP is expanding its lending business, targeting a wealthy clientele with unique collateral options. The latest venture involves a multimillion-dollar loan backed by a rare 1708 Stradivarius violin, once owned by Russian Empress Catherine…
Mike Novogratz Journey from Trader to Crypto Leader with Galaxy Digital
Mike Novogratz, the CEO and founder of Galaxy Digital, stands as a colossal figure in the cryptocurrency world. His journey from a macro trader to a leading proponent of digital assets has been nothing short of revolutionary. Galaxy Digital, a…
Novogratz’s Galaxy Digital Saves Argo From Bankruptcy With $100M Mining Rig Acquisition
Michael Novogratz’s crypto-focused financial services firm, Galaxy Digital, will purchase Argo’s Helios Bitcoin (BTC) mining facility and provide an additional $35 million loan to assist with restructuring efforts. This was announced in an official press release issued by Argo Blockchain.…
Elon Musk finds Bitcoin’s structure “quite Briliant” and believes paper money is going
Popular technology entrepreneur and CEO of Tesla, Elon Musk recently said that Bitcoin’s structure was quite brilliant and that digital currency is “a far better way to transfer value than pieces of paper.” Musk made these remarks while in an…
It’s Almost Irresponsible to not Invest in Bitcoin” according to Galaxy Digital Founder
Former portfolio manager at Fortress invest group and partner at Goldman Sachs continues to push crypto-currency as the future of finance. The former Goldman Sachs man known for being one of the most prominent Bitcoin Bulls was recently quoted as…