Mike Novogratz's Crypto Firm Lost A Staggering $273 Million In 2018

in cryptocurrency •  6 years ago 

Mike Novogratz is one of cryptocurrency's biggest bulls. He believes the technology will be embraced by Wall Street and change how business is done.

That optimism is going to be required if he is to survive going forward.

The start up firm that he is behind lost a staggering $273 million in 2018. This is a huge number for any company but it is unheard of for a start up.

A big part of that was the loss on crypto holdings as the "Crypto Winter" persists. The firm had another $100 million loss in operating expenses.

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That’s a lots of money. He should join @jpbliberty in the Class Action against Facebook & Google’s Crypto Ad Ban to recover it! Www.jpbliberty.com

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That's what I call hodl strong! Majority of the money lost was earned during the 2017 bull run. This Billionaire is not worried at all of the current state of Crypto

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  ·  6 years ago Reveal Comment