Mike Novogratz, founder and CEO of Galaxy Digital, is revealing that his first dabble in the crypto market was a purchase of 30,000 Bitcoin (BTC), and half a million Ethereum (ETH), both very early in the game.
In an interview with Alex Saunders from Nugget News, the former hedge fund manager and outspoken crypto bull gave the inside scoop on how he first got started in the crypto market.
“A friend of mine asked me about Bitcoin… I did 15 minutes of research and was like ‘Huh, cool technology, libertarians like it. This was in 2012… The Chinese were buying it. I was like ‘It’s going to go higher.’
My first buys of Bitcoin were at about $95. They were very speculative. I bought it because I thought it would go up. And as I started looking at it and digging in, I thought ‘This could be cool.’ So I called up a