Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy Digital") announced that its affiliate, Galaxy Digital Asset Management ("GDAM") reported preliminary assets under management of $1,275.0 million as of March 31, 2021.
Billionaire Mike Novogratz Adds Facebook Crypto Stock To Portfolio
Last Updated: 08 April 2021
Billionaire and crypto investor Mike Novogratz disclosed that he had purchased stock from social media company Facebook Inc.
Novogratz Gives Reasons For Buying Facebook’s Stock
In a Bloomberg interview, Novogratz said that he purchased the shares to gain from Facebook’s forthcoming crypto-asset, Diem, and its crypto wallet Novi, set to launch later this year.
The CEO of Galaxy Digital Holdings Ltd, known for frequently commentating on Bitcoin price action, has estimated that about 20% of his net worth is invested in cryptos. He said he had made $250 million investing in Bitcoin and Ethereum and bought a private jet with the proceeds.
BRADMER PHARMACEU (BRPHF), Shopify (SHOP) - Why Novogratz Is Bullish On Facebook As A Crypto Play benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Bitcoin topped $60,000 for the first time as the stimulus-fueled rally of the past year prompts investors to ignore signs of a speculative fervor. The original cryptocurrency was at $61,080 as of 5:35 p.m. New York time, bouncing back from a rout at the end of February following a previous peak set that month. It’s benefiting from optimism in financial markets after President Joe Biden signed the $1.9 trillion pandemic-relief bill into law. After ending last year with a fourth-quarter surge of 170% to around $29,000, Bitcoin jumped to $40,000 seven days later. It took just a little more than a month to breach the latest threshold. Bitcoin traded for a few cents for several years after its debut more than a decade ago.
Bitcoin topped $60,000 for the first time as the stimulus-fueled rally of the past year prompts investors to ignore signs of a speculative fervor.
The original cryptocurrency was at $61,080 as of 5:35 p.m. New York time, bouncing back from a rout at the end of February following a previous peak set that month. It’s benefiting from optimism in financial markets after President Joe Biden signed the $1.9 trillion pandemic-relief bill into law.
After ending last year with a fourth-quarter surge of 170% to around $29,000, Bitcoin jumped to $40,000 seven days later. It took just a little more than a month to breach the latest threshold. Bitcoin traded for a few cents for several years after its debut more than a decade ago.