
Mike Novogratz Predicts the U.S. Will Purchase Bitcoin Within the Next Six Months
Renowned investor and Galaxy Digital CEO Mike Novogratz has predicted that the United States government will start adding Bitcoin to its balance sheet around Q2-Q3 2025. He expressed his optimism about Bitcoin’s growing role in the financial system, particularly under the new presidential administration.
The billionaire investor highlighted a shift in regulatory sentiment that could lead to an increase in institutional adoption of Bitcoin. Novogratz further shared insights from a high-profile event he attended, which included Vice President J.D. Vance, tech mogul Mark Zuckerberg, venture capitalist Peter Thiel, and executives from various cryptocurrency companies. He noted a positive outlook on digital assets within influential circles, reinforcing his belief that Bitcoin is increasingly recognized as a strategic financial asset.
“I think Bitcoin will be on the government’s balance sheet within six months,” Novogratz stated. He emphasized that Bitcoin has solidified its position as a reliable store of value and could soon play a key role in national financial strategies.
While acknowledging potential short-term volatility in Bitcoin’s price, Novogratz dismissed concerns, labeling it a “buying opportunity” rather than a setback. He also stressed that price fluctuations do not diminish Bitcoin’s value in the long run, as institutional demand is expected to drive sustained growth.
Source: zycrypto.com