Express

Galaxy Digital's Digital Funds Have Purchased $250 Million Worth Of Bitcoin

Mary Liu

Summary: According to Trustnodes, Securities and Exchange Commission (SEC) filing shows digital funds from Galaxy Digital, founded by Mike Novogratz, have invested a total of $250 million in Bitcoin.  Among them, The Galaxy Bitcoin Fund LP purchased approximately $15 million in Bitcoin on behalf of 106 investors; The Galaxy Institutional Bitcoin Fund, Ltd. spent $121 million ...

According to Trustnodes, Securities and Exchange Commission (SEC) filing shows digital funds from Galaxy Digital, founded by Mike Novogratz, have invested a total of $250 million in Bitcoin. 

Among them, The Galaxy Bitcoin Fund LP purchased approximately $15 million in Bitcoin on behalf of 106 investors; The Galaxy Institutional Bitcoin Fund, Ltd. spent $121 million to buy Bitcoin on behalf of 23 investors; The Galaxy Institutional Bitcoin Fund LP represented 55 investors to buy $100 million Bitcoin.

The first trading of all these funds began in November 2019, with a total investment of approximately $250 million.

By Mary Liu

Last Update:

Tags: ,,,
Link: Galaxy Digital's Digital Funds Have Purchased $250 Million Worth Of Bitcoin   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 3 hours ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago

    • You need to login to comment.