Billionaire investor Mike Novogratz is using the recent Bitcoin slump as a buying opportunity.
Bitcoin got “terrorized” during the latest bout of volatility that Novogratz dubbed “the volaciraptor,” a play on the name of the destructive dinosaurs associated with the Jurassic Park movies. The largest digital currency dropped from about $8,500 at the beginning of March to as low as $3,914 mid-month.