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Michael Novogratz

Michael Novogratz's Galaxy Digital is buying custody platform GK8 from Celsius Network. (Sam Reynolds/CoinDesk)
Finance
Galaxy digital
Galaxy Digital Wins Auction to Buy GK8 From Bankrupt Crypto Lender Celsius
The self-custody platform acquired by Celsius over a year ago was put on the block following the lender's bankruptcy filing in July.
Michael Novogratz's Galaxy Digital is buying custody platform GK8 from Celsius Network. (Sam Reynolds/CoinDesk)
By Parikshit MishraJamie Crawley
Dec 2, 2022 at 1:47 p.m. UTC
Dec 2, 2022
Galaxy DigitalCelsiusacquisitionBankruptcyMichael Novogratz
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Video
Lightning network
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Michael Novogratz-led crypto-focused financial services firm Galaxy Digital plans to cut at least 20% of its global workforce. Convertible bond holders of BTC miner Core Scien...
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
By CoinDesk Inc
Nov 1, 2022 at 7:44 p.m. UTC
Nov 1, 2022
Lightning NetworkGrayscalecdtvbtcaab clipInflationGalaxy DigitalCore ScientificSouth AfricaMichael NovogratzPaul hastingsPick n pay
Galaxy Digital Scraps $1.2B Plan to Buy Crypto Custody Firm BitGo
Video
Cdtv
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
By CoinDesk Staff
Aug 15, 2022 at 6:51 p.m. UTC
Aug 15, 2022
cdtvHash clipBitGoGalaxy DigitalMichael Novogratz
Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)
Finance
Galaxy digital
Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo
The $1.2 billion deal was announced May 2021 and was expected to close by the end of that year.
Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)
By Sheldon RebackOliver Knight
Aug 15, 2022 at 11:10 a.m. UTC
Aug 15, 2022
Galaxy DigitalBitGoAcquisitionsCustodianMichael Novogratz
Novogratz's Galaxy Digital Reports Nearly $555M in Q2 Net Losses
Video
Cdtv
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
By CoinDesk Staff
Aug 8, 2022 at 9:46 p.m. UTC
Aug 8, 2022
cdtvaab clipGalaxy DigitalMichael NovogratzBTIGMark Palmer
Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)
Finance
Bitcoin
Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold
Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.
Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)
By Michael Bellusci
Mar 30, 2022 at 6:55 p.m. UTC
Mar 30, 2022
BitcoinBakktGalaxy DigitalGolddigital goldMichael Novogratz
michael novogratz by brady dale
Finance
Financial reporting
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.
michael novogratz by brady dale
By Paddy Baker
Apr 9, 2020 at 11:56 a.m. UTC
Apr 9, 2020
Financial ReportingMichael NovogratzGalaxy DigitalCoronavirus