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Novogratz: Bitcoin’s Next Stop? The US Government’s Balance Sheet

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Bitcoin Set to Appear on U.S. Balance Sheet in 6 Months
  • Mike Novogratz predicts Bitcoin will soon be added to government reserves.
  • He expects more crypto companies to list on major exchanges soon.
  • The billionaire stressed crypto’s increasing impact and presence in financial circles.

Mike Novogratz, founder and CEO of Galaxy Digital, brimmed with enthusiasm at the recent Ondo Summit, where he delivered an unexpected remark that stirred the crypto community.

Novogratz Predicts Bitcoin in U.S. Government Balance Sheet

Novogratz predicted that Bitcoin could soon be a part of the U.S. government’s balance sheet, possibly within the next six months. He confidently stated, “I think Bitcoin will be on the government’s balance sheet in six months. There’s a lot of people trying to figure out how to do it gracefully, but it’s coming.

He also addressed the U.S. Securities and Exchange Commission (SEC), and venting his frustration over the lengthy waiting period for crypto regulations, while offering a hopeful outlook for the future. 

Related: Crypto Recovery in Full Swing: $6 Billion Inflow Reverses Early February Selloff

We’ve been waiting for four and a half years,” Novogratz said, referring to the drawn-out …

The post Novogratz: Bitcoin’s Next Stop? The US Government’s Balance Sheet appeared first on Coin Edition.

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