Mike Novogratz is one of cryptocurrency's biggest bulls. He believes the technology will be embraced by Wall Street and change how business is done.
That optimism is going to be required if he is to survive going forward.
The start up firm that he is behind lost a staggering $273 million in 2018. This is a huge number for any company but it is unheard of for a start up.
A big part of that was the loss on crypto holdings as the "Crypto Winter" persists. The firm had another $100 million loss in operating expenses.
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