Mike Novogratz, the CEO of Galaxy Digital, wants exchanges to start listing in the smallest unit of bitcoin otherwise known as “satoshis”. On May 8, Novogratz tweeted out to a number of crypto exchange executives and asked “which exchange will be first to quote in SATS?” Novogratz Asks Top Exchange Execs to List Satoshis Bitcoin bull and investor Mike Novogratz is interested in seeing crypto trading platforms list the smallest unit of bitcoin ( BTC ) called “satoshis” or “SATS.” One can think of satoshis as the “cents” from dollars; they represent the fractional term of a portion of bitcoin. A satoshi is approximately 0.00000001 BTC . With BTC above the $57k handle at the time of writing, a single satoshi is worth $0.0005711 USD. On Saturday, Novogratz tweeted : It is time to switch to Satoshis. Too many people telling me at $58,000 BTC too expensive. Which exchange will be first to quote in SATS? His tweet further tagged the crypto exchange CEOs from Binance, Coinbase
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