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Mike Novogratz’s Galaxy Digital Buys 400 BTC Worth $23.40 Million

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By on August 19, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Mike Novogratz’s Galaxy Digital Buys 400 BTC Worth $23.40 Million appeared first on Coinpedia Fintech News

Mike Novogratz’s Galaxy Digital has again increased its Bitcoin holdings, bagging a whopping 400 BTC today worth $23.40 million, from the Binance crypto exchange today, August 19. The accumulation also presents the asset with significant buying pressure, solidifying investors’ optimism about future price movements. Ali Martinez posted on X today, drawing attention to Bitcoin’s cycle post-halving, and revealed that the market is currently in the early stages of this cycle. This indicated that the broader market has yet to see a new potential Bitcoin ATH for this cycle.

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