Michael Novogratz, the CEO at Galaxy Digital Holdings Ltd, has reportedly acquired an additional 7.5 million ordinary shares of the merchant banking institution for approximately $5.5 million. Novogratz, who graduated from the prestigious Princeton University in 1987, now owns nearly an 80% share in Galaxy Digital Holdings, a New York-based company focused on digital assets and the blockchain technology industry. Notably, the former partner at Goldman Sachs has bought about 2.7% of issued and outstanding shares in the Toronto Stock Exchange (TSX) listed firm at a time when cryptoasset prices have not shown any signs of recovering..
