Mike Novogratz predicts the creation of a Bitcoin reserve in the United States
Date: 2025-02-12 Author: Henry Casey Categories: CRYPTO PAYMENTS
Mike Novogratz expressed confidence that Bitcoin will appear on the balance sheet of the US government in the next six months. In his opinion, digital gold has already proven its worth as a tool for storing value, which means it will inevitably become part of government reserves.
He also noted that he does not rule out short-term fluctuations in the Bitcoin rate, but is convinced that these changes will not have a serious impact on the cryptocurrency market. An important factor, in his opinion, will be the change in the SEC leadership, which will pave the way for the listing of cryptocurrency companies on the New York Stock Exchange and Nasdaq. This event is expected in May or June of this year.
Novogratz is convinced that the new American administration will promote the development of the blockchain industry, creating favorable conditions for business and innovative startups.
Earlier, the entrepreneur made a long-term forecast: according to his calculations, over the next five to ten years, the cost of Bitcoin could equal the price of gold, given the correlation between these assets.
