BitGo sues Novogratz’s Galaxy for $100M after merger deal turns sour
BitGo is suing Mike Novogratz's Galaxy Digital Holdings after it pulled out of a $1.2 billion acquisition deal—the digital asset wallet is seeking $100 million in damages.
Latest Galaxy Digital Holdings News
Galaxy Digital results for Q1 highlights struggles
At the close of Q1 on the March 31, Galaxy Digital Holdings posted a net comprehensive loss of US$27.7 million.
Galaxy Digital raising $250 million to lend crypto firms
Galaxy Digital Holdings is reportedly raising $250 million that will go to a credit fund to provide loans to cryptocurrency companies.
Mike Novogratz buys 7.5M additional shares of Galaxy Digital
Mike Novogratz is showing confidence in his company, Galaxy Digital Holdings. The founder and CEO of the company has bought an additional 7.5 million ordinary shares for C$7.42 million (US$4.8 million).
Galaxy Digital suffers Q3 losses as crypto bear market continues
Cryptocurrency merchant bank Galaxy Digital Holdings reported a loss of $76.65 million for the third quarter, as it was weighed down by persistently low digital asset prices over the past year.