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Bitcoin Bull Mike Novogratz Boosts Stake in Galaxy Digital to 79%, Causing Stock to Soar

Bitcoin bull Mike Novogratz increased his stake in Galaxy Digital Holdings — the crypto merchant bank he founded — to 79.3%, after acquiring an additional 2.7% of its outstanding shares. Novogratz previously held a 76.6% ownership stake. The former hedge fund manager acquired 7,500,768 ordinary shares for C$7.4 million (or US$5.4 million), according to a January 2

The post Bitcoin Bull Mike Novogratz Boosts Stake in Galaxy Digital to 79%, Causing Stock to Soar appeared first on CCN

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