WebJul 14, 2024 · The impending $1.2 billion acquisition of private cryptocurrency custodian BitGo, in the fourth quarter of 2024, is expected to expand Galaxy Digital’s offerings. Novogratz claims to have been ... WebMay 5, 2024 · Galaxy Digital will pay BitGo $265 in cash payment from its balance sheet. Besides, BitGo shareholders also get 33.8 million newly issued shares of Galaxy Digital common stock (TSE: GLXY).

Galaxy Digital to Buy BitGo for About $1.2B in Stock, Cash

WebAug 17, 2024 · The acquisition was agreed in May 2024, with San-Francisco-based BitGo set to help Galaxy Digital expand its offerings for institutional investors. The transaction, … WebMay 5, 2024 · Galaxy Digital, the cryptocurrency-focused financial services firm run by Michael Novogratz, said it has agreed to buy BitGo, the U.S.-regulated crypto custody … themafast f 30 e h-mod

Galaxy Announces Termination of Bitgo Acquisition

WebAug 15, 2024 · Why It's Important: In May 2024, Galaxy Digital announced a $1.2 billion buyout of crypto custody firm BitGo, a deal that the Wall Street Journal reported at the time was the first $1 billion deal ... WebMay 5, 2024 · May 5, 2024, 4:38 AM · 1 min read. Galaxy Digital Holdings Ltd. has signed a deal to acquire BitGo for $1.2 billion in cash and stock. Galaxy Digital is a financial … WebMay 5, 2024 · The transaction has been approved by the boards of directors of both Galaxy Digital and BitGo. The acquisition is expected to close in the fourth quarter of 2024, subject to approval by Galaxy Digital’s shareholders of the domestication of Galaxy Digital as a Delaware corporation and the internal restructuring, as well as certain related ... tide dry cleaners liberty township