Michael Novogratz

Michael Novogratz's Galaxy Digital is buying custody platform GK8 from Celsius Network. (Sam Reynolds/CoinDesk)
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)

Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
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

Galaxy Digital Scraps $1.2B Plan to Buy Crypto Custody Firm BitGo
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

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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.
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Novogratz's Galaxy Digital Reports Nearly $555M in Q2 Net Losses
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

Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)
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)

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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.
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