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BitGo to sue Galaxy Digital for $100M over dropped acquisition

by Cointelegraph By Turner Wrightn | Aug 15, 2022 | BitGo, business, Galaxy Digital, Law

"Either Galaxy owes BitGo a $100 million termination fee as promised or it has been acting in bad faith and faces damages of that much or more," said R. Brian Timmons.

Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

by Cointelegraph By Turner Wrightn | Jun 21, 2022 | Bitcoin Mining, Bitcoin Price, Bitcoin', bitfarms, business, Cryptocurrencies, Galaxy Digital, Loans, Mining

“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas.

Galaxy Digital raises $500 million in convertible debt to fund business expansion

by Cointelegraph By Zhiyuan Sun | Nov 29, 2021 | Capital Raise, Cryptocurrencies, Galaxy Digital, Mike Novogratz, NFTs

The move comes after the company increased its net profits by over ten-fold in the last quarter.

Galaxy Digital raises $500 million in convertible debt to fund business expansion

by Cointelegraph By Zhiyuan Sun | Nov 29, 2021 | Capital Raise, Cryptocurrencies, Galaxy Digital, Mike Novogratz, NFTs

The move comes after the company increased its net profits by over ten-fold in the last quarter.

Time Magazine will hold ETH as part of Galaxy Digital partnership to support metaverse newsletter

by Cointelegraph By Turner Wrightn | Nov 18, 2021 | business, ether, Galaxy Digital, metaverse, time magazine

Mike Novogratz said the partnership was part of a move to “bring readers, creators, and the curious into the metaverse.”

Argo Blockchain secures $25M Bitcoin-backed loan from Galaxy Digital

by Cointelegraph By Osato Avan-Nomayo | Sep 10, 2021 | Argo Blockchain, Bitcoin Mining, Bitcoin', crypto mining, Galaxy Digital, loan

The Bitcoin mining giant has entered into another BTC-backed loan agreement with Galaxy Digital as it pursues further operational expansions.
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