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Just saw that Michael Novogratz positions Helios as a real heavyweight in Galaxy Digital's annual report — valued at $15 billion.
That's interesting because it shows how seriously Novogratz takes this project and presents it as a powerhouse within the ecosystem.
When you look at how Michael Novogratz comments on Helios, it becomes clear that Galaxy Digital is not investing casually here but making strategic bets.
The $15 billion mark is no coincidence in the annual report — it signals that Novogratz considers this area to be promising for the future.
What surprises me is how aggressively Michael Novogratz communicates here.
This is not the usual cautious language of investors but a clear statement about Helios's importance in the context of Galaxy Digital's strategy.
The annual report reads almost like a confirmation that this sector will remain a focus for the coming years.
For me, this shows that major players like Novogratz have long since placed their chips on such projects.
Those who read the annual reports of big investors often get an early sense of which direction things are heading.