Why Crypto Billionaire Mike Novogratz Bought Facebook Stock_老虎社区_美港股上老虎

Why Crypto Billionaire Mike Novogratz Bought Facebook Stock

Bloomberg2021-04-07

(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers ...

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Fionfion82
·2021-04-07
Like and comment pls
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- Foreverhuat:
  Fab
  2021-04-07
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Maxcrusader
·2021-04-07
Wah
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UNCLEUNCLE
·2021-04-07
Good. But can say more?
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db524f8
·2021-04-07
Wowowoowo
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naan
·2021-04-07
Gr8 to hear
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Novogratz said he bought the stock in anticipation of the social-media giant introducing the Novi digital wallet this quarter.</p>\n<p>“All of a sudden you’ll have 2.4 billion people connected to this crypto space.”</p>\n<p>(Updates with Facebook purchase in last paragraph.)</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Crypto Billionaire Mike Novogratz Bought Facebook Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Crypto Billionaire Mike Novogratz Bought Facebook Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-07 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers ...</p>\n\n<a href=\"https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124885254","content_text":"(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers pulling back monetary support.\n“I’m short a lot of interest rates,” Novogratz, chief executive officer of Galaxy Digital Holdings Ltd., said Tuesday in a Bloomberg Television interview. “To me, being short the five-year part of the yield curve is a great hedge for any portfolio, crypto or non-crypto.”\nNovogratz is a former partner at Goldman Sachs Group Inc. who went on to become a macro hedge fund trader at Fortress Investment Group and now runs a cryptocurrency merchant bank. He’s worth more than $5 billion, according to the Bloomberg Billionaires Index after a surge in the price of bitcoin, ether and other digital currencies.\nNovogratz told Bloomberg that assets are rising due to the same central theme -- that central banks are putting too much money into the system. If growth explodes thanks to success vaccinating people and employment roars back, then Federal Reserve Chair Jerome Powell “may flinch” by Jackson Hole, the Wyoming resort where central bank officials gather in the summer, and choose to taper, he said.\n“Everyone long bitcoin should be short the five year,” Novogratz argued.\nThe investor remains one of the biggest bulls in crypto, noting that money continues to pour into the space. 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Novogratz said he bought the stock in anticipation of the social-media giant introducing the Novi digital wallet this quarter.\n“All of a sudden you’ll have 2.4 billion people connected to this crypto space.”\n(Updates with Facebook purchase in last paragraph.)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3975711,"gmtCreate":1617762776217,"gmtModify":1635742923076,"authorId":3580354890331124,"author":{"id":3580354890331124,"idStr":"3580354890331124","authorId":3580354890331124,"name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341061696,"type":1,"supId":0,"prevId":0,"content":"Fab","text":"Fab","html":"Fab"}],"langContent":"EN"},{"id":341004319,"gmtCreate":1617759507731,"gmtModify":1634296683590,"author":{"id":"3571183830721507","authorId":"3571183830721507","name":"Maxcrusader","avatar":"https://static.tigerbbs.com/a9dbd1695d1a45df589a4ba606e045e1","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3571183830721507","authorIdStr":"3571183830721507"},"htmlText":"Wah&nbsp;","listText":"Wah&nbsp;","text":"Wah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341004319","repostId":1124885254,"repostType":2,"repost":{"id":"1124885254","pubTimestamp":1617759050,"share":"https://www.laohu8.com/m/news/1124885254?lang=&edition=full","pubTime":"2021-04-07 09:30","market":"us","language":"en","title":"Why Crypto Billionaire Mike Novogratz Bought Facebook Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1124885254","media":"Bloomberg","summary":"(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit f","content":"<p>(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers pulling back monetary support.</p>\n<p>“I’m short a lot of interest rates,” Novogratz, chief executive officer of Galaxy Digital Holdings Ltd., said Tuesday in a Bloomberg Television interview. “To me, being short the five-year part of the yield curve is a great hedge for any portfolio, crypto or non-crypto.”</p>\n<p>Novogratz is a former partner at Goldman Sachs Group Inc. who went on to become a macro hedge fund trader at Fortress Investment Group and now runs a cryptocurrency merchant bank. He’s worth more than $5 billion, according to the Bloomberg Billionaires Index after a surge in the price of bitcoin, ether and other digital currencies.</p>\n<p>Novogratz told Bloomberg that assets are rising due to the same central theme -- that central banks are putting too much money into the system. If growth explodes thanks to success vaccinating people and employment roars back, then Federal Reserve Chair Jerome Powell “may flinch” by Jackson Hole, the Wyoming resort where central bank officials gather in the summer, and choose to taper, he said.</p>\n<p>“Everyone long bitcoin should be short the five year,” Novogratz argued.</p>\n<p>The investor remains one of the biggest bulls in crypto, noting that money continues to pour into the space. The total market value of cryptocurrencies just exceeded $2 trillion, doubling in about two months amid surging institutional demand.</p>\n<p>“We’re up to 0.5% of global wealth in crypto and it will be 1% by the end of the year,” he predicted.</p>\n<p>Another bet he’s making is Facebook. Novogratz said he bought the stock in anticipation of the social-media giant introducing the Novi digital wallet this quarter.</p>\n<p>“All of a sudden you’ll have 2.4 billion people connected to this crypto space.”</p>\n<p>(Updates with Facebook purchase in last paragraph.)</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Crypto Billionaire Mike Novogratz Bought Facebook Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Crypto Billionaire Mike Novogratz Bought Facebook Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-07 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers ...</p>\n\n<a href=\"https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124885254","content_text":"(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers pulling back monetary support.\n“I’m short a lot of interest rates,” Novogratz, chief executive officer of Galaxy Digital Holdings Ltd., said Tuesday in a Bloomberg Television interview. “To me, being short the five-year part of the yield curve is a great hedge for any portfolio, crypto or non-crypto.”\nNovogratz is a former partner at Goldman Sachs Group Inc. who went on to become a macro hedge fund trader at Fortress Investment Group and now runs a cryptocurrency merchant bank. He’s worth more than $5 billion, according to the Bloomberg Billionaires Index after a surge in the price of bitcoin, ether and other digital currencies.\nNovogratz told Bloomberg that assets are rising due to the same central theme -- that central banks are putting too much money into the system. If growth explodes thanks to success vaccinating people and employment roars back, then Federal Reserve Chair Jerome Powell “may flinch” by Jackson Hole, the Wyoming resort where central bank officials gather in the summer, and choose to taper, he said.\n“Everyone long bitcoin should be short the five year,” Novogratz argued.\nThe investor remains one of the biggest bulls in crypto, noting that money continues to pour into the space. The total market value of cryptocurrencies just exceeded $2 trillion, doubling in about two months amid surging institutional demand.\n“We’re up to 0.5% of global wealth in crypto and it will be 1% by the end of the year,” he predicted.\nAnother bet he’s making is Facebook. Novogratz said he bought the stock in anticipation of the social-media giant introducing the Novi digital wallet this quarter.\n“All of a sudden you’ll have 2.4 billion people connected to this crypto space.”\n(Updates with Facebook purchase in last paragraph.)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341002562,"gmtCreate":1617759441756,"gmtModify":1634296684772,"author":{"id":"3578454236921942","authorId":"3578454236921942","name":"UNCLEUNCLE","avatar":"https://static.tigerbbs.com/39d9ac757e81155e380be67c7f350841","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3578454236921942","authorIdStr":"3578454236921942"},"htmlText":"Good. But can say more?","listText":"Good. But can say more?","text":"Good. But can say more?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341002562","repostId":1124885254,"repostType":4,"repost":{"id":"1124885254","pubTimestamp":1617759050,"share":"https://www.laohu8.com/m/news/1124885254?lang=&edition=full","pubTime":"2021-04-07 09:30","market":"us","language":"en","title":"Why Crypto Billionaire Mike Novogratz Bought Facebook Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1124885254","media":"Bloomberg","summary":"(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit f","content":"<p>(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers pulling back monetary support.</p>\n<p>“I’m short a lot of interest rates,” Novogratz, chief executive officer of Galaxy Digital Holdings Ltd., said Tuesday in a Bloomberg Television interview. “To me, being short the five-year part of the yield curve is a great hedge for any portfolio, crypto or non-crypto.”</p>\n<p>Novogratz is a former partner at Goldman Sachs Group Inc. who went on to become a macro hedge fund trader at Fortress Investment Group and now runs a cryptocurrency merchant bank. He’s worth more than $5 billion, according to the Bloomberg Billionaires Index after a surge in the price of bitcoin, ether and other digital currencies.</p>\n<p>Novogratz told Bloomberg that assets are rising due to the same central theme -- that central banks are putting too much money into the system. If growth explodes thanks to success vaccinating people and employment roars back, then Federal Reserve Chair Jerome Powell “may flinch” by Jackson Hole, the Wyoming resort where central bank officials gather in the summer, and choose to taper, he said.</p>\n<p>“Everyone long bitcoin should be short the five year,” Novogratz argued.</p>\n<p>The investor remains one of the biggest bulls in crypto, noting that money continues to pour into the space. The total market value of cryptocurrencies just exceeded $2 trillion, doubling in about two months amid surging institutional demand.</p>\n<p>“We’re up to 0.5% of global wealth in crypto and it will be 1% by the end of the year,” he predicted.</p>\n<p>Another bet he’s making is Facebook. Novogratz said he bought the stock in anticipation of the social-media giant introducing the Novi digital wallet this quarter.</p>\n<p>“All of a sudden you’ll have 2.4 billion people connected to this crypto space.”</p>\n<p>(Updates with Facebook purchase in last paragraph.)</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Crypto Billionaire Mike Novogratz Bought Facebook Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Crypto Billionaire Mike Novogratz Bought Facebook Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-07 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers ...</p>\n\n<a href=\"https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124885254","content_text":"(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers pulling back monetary support.\n“I’m short a lot of interest rates,” Novogratz, chief executive officer of Galaxy Digital Holdings Ltd., said Tuesday in a Bloomberg Television interview. “To me, being short the five-year part of the yield curve is a great hedge for any portfolio, crypto or non-crypto.”\nNovogratz is a former partner at Goldman Sachs Group Inc. who went on to become a macro hedge fund trader at Fortress Investment Group and now runs a cryptocurrency merchant bank. He’s worth more than $5 billion, according to the Bloomberg Billionaires Index after a surge in the price of bitcoin, ether and other digital currencies.\nNovogratz told Bloomberg that assets are rising due to the same central theme -- that central banks are putting too much money into the system. If growth explodes thanks to success vaccinating people and employment roars back, then Federal Reserve Chair Jerome Powell “may flinch” by Jackson Hole, the Wyoming resort where central bank officials gather in the summer, and choose to taper, he said.\n“Everyone long bitcoin should be short the five year,” Novogratz argued.\nThe investor remains one of the biggest bulls in crypto, noting that money continues to pour into the space. The total market value of cryptocurrencies just exceeded $2 trillion, doubling in about two months amid surging institutional demand.\n“We’re up to 0.5% of global wealth in crypto and it will be 1% by the end of the year,” he predicted.\nAnother bet he’s making is Facebook. Novogratz said he bought the stock in anticipation of the social-media giant introducing the Novi digital wallet this quarter.\n“All of a sudden you’ll have 2.4 billion people connected to this crypto space.”\n(Updates with Facebook purchase in last paragraph.)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341006693,"gmtCreate":1617759372412,"gmtModify":1634296685623,"author":{"id":"3572238806904317","authorId":"3572238806904317","name":"db524f8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572238806904317","authorIdStr":"3572238806904317"},"htmlText":"Wowowoowo","listText":"Wowowoowo","text":"Wowowoowo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341006693","repostId":1124885254,"repostType":4,"repost":{"id":"1124885254","pubTimestamp":1617759050,"share":"https://www.laohu8.com/m/news/1124885254?lang=&edition=full","pubTime":"2021-04-07 09:30","market":"us","language":"en","title":"Why Crypto Billionaire Mike Novogratz Bought Facebook Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1124885254","media":"Bloomberg","summary":"(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit f","content":"<p>(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers pulling back monetary support.</p>\n<p>“I’m short a lot of interest rates,” Novogratz, chief executive officer of Galaxy Digital Holdings Ltd., said Tuesday in a Bloomberg Television interview. “To me, being short the five-year part of the yield curve is a great hedge for any portfolio, crypto or non-crypto.”</p>\n<p>Novogratz is a former partner at Goldman Sachs Group Inc. who went on to become a macro hedge fund trader at Fortress Investment Group and now runs a cryptocurrency merchant bank. He’s worth more than $5 billion, according to the Bloomberg Billionaires Index after a surge in the price of bitcoin, ether and other digital currencies.</p>\n<p>Novogratz told Bloomberg that assets are rising due to the same central theme -- that central banks are putting too much money into the system. If growth explodes thanks to success vaccinating people and employment roars back, then Federal Reserve Chair Jerome Powell “may flinch” by Jackson Hole, the Wyoming resort where central bank officials gather in the summer, and choose to taper, he said.</p>\n<p>“Everyone long bitcoin should be short the five year,” Novogratz argued.</p>\n<p>The investor remains one of the biggest bulls in crypto, noting that money continues to pour into the space. The total market value of cryptocurrencies just exceeded $2 trillion, doubling in about two months amid surging institutional demand.</p>\n<p>“We’re up to 0.5% of global wealth in crypto and it will be 1% by the end of the year,” he predicted.</p>\n<p>Another bet he’s making is Facebook. Novogratz said he bought the stock in anticipation of the social-media giant introducing the Novi digital wallet this quarter.</p>\n<p>“All of a sudden you’ll have 2.4 billion people connected to this crypto space.”</p>\n<p>(Updates with Facebook purchase in last paragraph.)</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Crypto Billionaire Mike Novogratz Bought Facebook Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Crypto Billionaire Mike Novogratz Bought Facebook Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-07 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers ...</p>\n\n<a href=\"https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124885254","content_text":"(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers pulling back monetary support.\n“I’m short a lot of interest rates,” Novogratz, chief executive officer of Galaxy Digital Holdings Ltd., said Tuesday in a Bloomberg Television interview. “To me, being short the five-year part of the yield curve is a great hedge for any portfolio, crypto or non-crypto.”\nNovogratz is a former partner at Goldman Sachs Group Inc. who went on to become a macro hedge fund trader at Fortress Investment Group and now runs a cryptocurrency merchant bank. He’s worth more than $5 billion, according to the Bloomberg Billionaires Index after a surge in the price of bitcoin, ether and other digital currencies.\nNovogratz told Bloomberg that assets are rising due to the same central theme -- that central banks are putting too much money into the system. If growth explodes thanks to success vaccinating people and employment roars back, then Federal Reserve Chair Jerome Powell “may flinch” by Jackson Hole, the Wyoming resort where central bank officials gather in the summer, and choose to taper, he said.\n“Everyone long bitcoin should be short the five year,” Novogratz argued.\nThe investor remains one of the biggest bulls in crypto, noting that money continues to pour into the space. The total market value of cryptocurrencies just exceeded $2 trillion, doubling in about two months amid surging institutional demand.\n“We’re up to 0.5% of global wealth in crypto and it will be 1% by the end of the year,” he predicted.\nAnother bet he’s making is Facebook. Novogratz said he bought the stock in anticipation of the social-media giant introducing the Novi digital wallet this quarter.\n“All of a sudden you’ll have 2.4 billion people connected to this crypto space.”\n(Updates with Facebook purchase in last paragraph.)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341006854,"gmtCreate":1617759370978,"gmtModify":1634296685743,"author":{"id":"3574400316429410","authorId":"3574400316429410","name":"naan","avatar":"https://static.tigerbbs.com/5846811c3194d2eaeac65a7165552bc1","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3574400316429410","authorIdStr":"3574400316429410"},"htmlText":"Gr8 to hear","listText":"Gr8 to hear","text":"Gr8 to hear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341006854","repostId":1124885254,"repostType":4,"repost":{"id":"1124885254","pubTimestamp":1617759050,"share":"https://www.laohu8.com/m/news/1124885254?lang=&edition=full","pubTime":"2021-04-07 09:30","market":"us","language":"en","title":"Why Crypto Billionaire Mike Novogratz Bought Facebook Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1124885254","media":"Bloomberg","summary":"(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit f","content":"<p>(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers pulling back monetary support.</p>\n<p>“I’m short a lot of interest rates,” Novogratz, chief executive officer of Galaxy Digital Holdings Ltd., said Tuesday in a Bloomberg Television interview. “To me, being short the five-year part of the yield curve is a great hedge for any portfolio, crypto or non-crypto.”</p>\n<p>Novogratz is a former partner at Goldman Sachs Group Inc. who went on to become a macro hedge fund trader at Fortress Investment Group and now runs a cryptocurrency merchant bank. He’s worth more than $5 billion, according to the Bloomberg Billionaires Index after a surge in the price of bitcoin, ether and other digital currencies.</p>\n<p>Novogratz told Bloomberg that assets are rising due to the same central theme -- that central banks are putting too much money into the system. If growth explodes thanks to success vaccinating people and employment roars back, then Federal Reserve Chair Jerome Powell “may flinch” by Jackson Hole, the Wyoming resort where central bank officials gather in the summer, and choose to taper, he said.</p>\n<p>“Everyone long bitcoin should be short the five year,” Novogratz argued.</p>\n<p>The investor remains one of the biggest bulls in crypto, noting that money continues to pour into the space. The total market value of cryptocurrencies just exceeded $2 trillion, doubling in about two months amid surging institutional demand.</p>\n<p>“We’re up to 0.5% of global wealth in crypto and it will be 1% by the end of the year,” he predicted.</p>\n<p>Another bet he’s making is Facebook. Novogratz said he bought the stock in anticipation of the social-media giant introducing the Novi digital wallet this quarter.</p>\n<p>“All of a sudden you’ll have 2.4 billion people connected to this crypto space.”</p>\n<p>(Updates with Facebook purchase in last paragraph.)</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Crypto Billionaire Mike Novogratz Bought Facebook Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Crypto Billionaire Mike Novogratz Bought Facebook Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-07 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers ...</p>\n\n<a href=\"https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/crypto-billionaire-novogratz-says-shorting-204850300.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124885254","content_text":"(Bloomberg) -- Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers pulling back monetary support.\n“I’m short a lot of interest rates,” Novogratz, chief executive officer of Galaxy Digital Holdings Ltd., said Tuesday in a Bloomberg Television interview. “To me, being short the five-year part of the yield curve is a great hedge for any portfolio, crypto or non-crypto.”\nNovogratz is a former partner at Goldman Sachs Group Inc. who went on to become a macro hedge fund trader at Fortress Investment Group and now runs a cryptocurrency merchant bank. He’s worth more than $5 billion, according to the Bloomberg Billionaires Index after a surge in the price of bitcoin, ether and other digital currencies.\nNovogratz told Bloomberg that assets are rising due to the same central theme -- that central banks are putting too much money into the system. If growth explodes thanks to success vaccinating people and employment roars back, then Federal Reserve Chair Jerome Powell “may flinch” by Jackson Hole, the Wyoming resort where central bank officials gather in the summer, and choose to taper, he said.\n“Everyone long bitcoin should be short the five year,” Novogratz argued.\nThe investor remains one of the biggest bulls in crypto, noting that money continues to pour into the space. The total market value of cryptocurrencies just exceeded $2 trillion, doubling in about two months amid surging institutional demand.\n“We’re up to 0.5% of global wealth in crypto and it will be 1% by the end of the year,” he predicted.\nAnother bet he’s making is Facebook. Novogratz said he bought the stock in anticipation of the social-media giant introducing the Novi digital wallet this quarter.\n“All of a sudden you’ll have 2.4 billion people connected to this crypto space.”\n(Updates with Facebook purchase in last paragraph.)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":17,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}