Galaxy Digital Holdings, led by American hedge fund giant Mike Novogratz, lost $ 272.7 million last year.
According to reports, Novogratz said that the fourth quarter of last year was like a game of the throne in the cryptography industry. The bloody violent scene reminds me of this drama. He said to the shareholders at the meeting that last year was not a good year in many ways, the important thing is whether there is an operating loss or cash in or out. Novogratz added that Galaxy Digital’s business this year has been smooth.
Galaxy Digital admitted that it recorded a record low of 55% in the company’s share price with a loss of $ 136 million in nine months last November. But he also pointed out that in February of this year, Bitcoin will dominate other cryptographic currencies and become digital gold. He said that in January, Galaxy expanded its digital stake to 79.3%. For more information, please click here .