next hour, more insight into the markets with galaxy investment partner chairman and ceo michael novogratz, live from the salt conference in las vegas. barrick gold has identified $1.5 billion in assets the minor intends to sell. we look at all of that that glitters in the portfolio, next. this is bloomberg. ♪ shery: welcome back to "bloomberg markets." i'm shery ahn in new york. amanda: i'm amanda lang in toronto. barrick gold says it has identified $1.5 billion in assets it intends to sell, following its acquisition of randgold resources. the ceo told us about the assets. assets may note be attractive for our area but they are attractive for assets. they are valuable. portfoliout of our into someone else's portfolio is a sensitive process. i will add that some of them we may move to somebody else to manage, but we would support the section that we would hold some interest in it for a time, for a while. amanda: and he joins us now. a big number, integrating their business with randgold. was it a surprising number that they would have 1.5 billion in assets to sell >> they have such a huge

galaxy digital founder and ceo michael novogratz is here. to talk crypto first, and then we can talk about all sorts of other things but we went through what some people were describing as a crypto winter, and we seem to have come out of it. is that real or is that a head fake >> i think it's real listen, the crypto bubble, i think part of the reason it crashed was that everybody wanted to launch a coin was launching the new bitcoin. 3m was the better bitcoin. everyone had a version of bitcoin, and so you had supply grow exponentially and at one point regulators got nervous now i think you're seeing bitcoin really having established itself as a star value. it won that lane there's lots of other parts of the crypto universe, but bitcoin has won the lane of store value, which is hard to do. you know, there's really only one other store value -- gold -- where you're worth something just because you're worth something. almost everything else, you're worth something -- like uber shares are going to be worth something because people are using it,