Wall Street veteran Michael Novogratz held over 30,000 Bitcoin and 500,000 Ethereum

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Wall Street veteran Michael Novogratz held over 30,000 Bitcoin and 500,000 Ethereum at one point

Ever wondered how much cryptocurrency Wall Street veteran Mike Novogratz owns (or at least owned)?

In a recent podcast, he recently answered this question and also revealed his thoughts about the Bitcoin and broader crypto market.

How much Bitcoin and Ethereum did Mike Novogratz buy?

Mike Novogratz became one of the earliest Wall Street supporters of Bitcoin and Ethereum in 2013 and 2014. The former Goldman Sachs partner and ex-fund manager at Fortress recently sat down with Nugget’s News, a long-standing crypto and finance Youtube channel, to talk about his origin story.

During the hour-long interview, Novogratz disclosed his personal cryptocurrency holdings, or at least what they once were.

Alongside investors like Dan Morehead of Pantera Capital, Novogratz purchased around 30,001 BTC, now valued at $480 million, when the coin was trading around $100. He said he sold most coins on the way up, though still holds some to this day.

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