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Mike Novogratz: I Bought My First ETH From Vitalik Buterin

  • Galaxy Digital CEO Mike Novogratz said he bought 30,000 BTC at $95 each and half a million ETH at $0.99 each.
  • Mike Novogratz bought the ETH from Vitalik Buterin himself.
  • Mike Novogratz bought 30000 BTC and half a million ETH.

Galaxy Digital CEO Mike Novogratz shed light on how he became one of the most notable crypto personalities today: he bought BTC at $95 each. He also bought 500k ETH at $0.99 per piece.

Recently, Nugget News aired a webcast featuring Galaxy Digital CEO Mike Novogratz and Nugget News CEO Alex Saunders. Here, Novogratz and Saunders talked more about cryptocurrencies with a focus on Bitcoin and Ethereum investing. As a result, Novogratz gave nuggets news some information about how he got his first Bitcoin and Ethereum.

Novogratz said:

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.’

The total Bitcoin that Mike Novogratz bought himself amounted to 30,000 BTC. Meanwhile, Novogratz becomes more curious about cryptocurrency. Hence, he bought an additional half a million Ethereum for $0.99. In addition, Novogratz told Nugget News that he bought Ethereum cryptocurrency from Vitalik Buterin himself.

Novogratz explained:

My first Ether, I actually bought from Vitalik [Buterin]… I met him once at a dinner and he remembered me but didn’t know me but they thought it was good for the community to have a Wall Street guy buying, so I bought half a million Ether at $99 cents.

Moreover, Bitcoin and Ethereum are cryptocurrencies with established reputations in the crypto market. These digital assets have proven their networks to be profitable over the years. Furthermore, Coin Quora and its analyst predict Bitcoin and Ethereum are facing a great future ahead.

Jay Manila

A dedicated market analyst focused on the highs and lows of the cryptocurrency market. With a background in Business Administration, he tries to unfold his financial perspective to global readers.

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