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Michael Novogratz
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.

Crypto Financial Firm Galaxy Digital Reveals $76.8M FTX Exposure as CEO Novogratz Hunkers Down
Galaxy is withdrawing $47.5 million from the crypto exchange.

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 Scientific are in talks with restructuring attorneys at Paul Hastings. South Africa's leading supermarket chain Pick n Pay is now allowing BTC payments via Lightning Network-enabled apps. A poll from Grayscale reveals fears over inflation have translated to a growing interest in crypto for a quarter of voters surveyed.

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 custody specialist failed to provide financial statements by a deadline of July 31. "The Hash" panel discusses the latest story turning heads in the crypto community.

Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement
BitGo said Galaxy owes it a $100 million breakup fee.

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.

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 last year. BTIG Managing Director and Head of Digital Assets Research Mark Palmer discusses the earnings report and its key takeaways.

Galaxy’s Novogratz Stays Optimistic on Crypto Adoption Even as Markets Languish
The CEO said he doesn't see a V-shaped market recovery occurring.

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 Files for US Bitcoin Futures ETF
Just months after filing for a bitcoin exchange-traded fund (ETF), Michael Novogratz's cryptocurrency-focused financial services firm Galaxy Digital has filed with U.S. regulators for a bitcoin futures ETF. This comes as SEC Chairman Gary Gensler signaled he preferred ETFs based on bitcoin futures earlier this month at the Aspen Security Forum. CoinDesk's Nikhilesh De discusses the state of bitcoin ETFs in the U.S. as the SEC has yet to approve any of the dozens of applications for crypto ETFs in recent years.
