Mike Novogratz Told Why He Needs Facebook Shares

The founder of the crypto bank Galaxy Digital, Mike Novogratz, said in an interview with Bloomberg Television that he bought Facebook shares to capitalize on the growth of the cryptocurrency.

The investor expects the release of Facebook’s Novi digital wallet in the second quarter of 2021.

 

“As soon as this happens, 2.4 billion people will connect to the cryptocurrency sphere,” Novogratz explained.

 

Earlier, the investor said that the capitalization of bitcoin will inevitably reach and exceed the total market value of gold.

In February, Novogratz predicted the growth of the first cryptocurrency to $ 100,000 by the end of 2021.

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