Investors / stance tracking
What Mike Novogratz is saying
FollowFollowingUnfollowFounder/CEO, Galaxy Digital
Company executive
77 dated public stances tracked since 2014-07-22, most recently 2026-10-12. Each line carries the date and the venue it came from; quotation marks mean verbatim. Methodology.
The stances below are c8alpha's editorial distillation of Mike Novogratz's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. Mike Novogratz is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
Think we got something wrong? Report a misattribution — we correct it or take it down.
77
tracked stances
39
themes
5
side flips
2026-10-12
last heard
Returns 90d -0.3% 46% correct · 28 calls · 180d -3.5% 48% correct · 25 calls · 1y +12.4% 50% correct · 16 calls
Raw direction-aware returns on public statements — long calls credited when the price rose, shorts when it fell, shorts capped at −100% — in a rising market this mostly measures who was long, not who has skill. Returns run from the stance date; calls are rarely closed publicly, so fixed 90-day / 180-day / 1-year horizons are used. A horizon shows only once it has fully matured, and only at 5+ scored stances. “% correct” is the share of those scored calls whose direction-aware return was positive at the horizon — in a rising market a bullish call is correct by default, so read it beside the market, not alone.
Scored calls
Every tracked call with at least one matured horizon: the rows behind the Returns line above. A dash is a horizon that has not matured yet.
| Date | Name | Call | 90d | 180d | 1y |
|---|---|---|---|---|---|
| 2026-07-17 | SPX | bearish | -4.1% | — | — |
| 2026-07-17 | GOLD | bearish | -3.9% | — | — |
| 2026-02-18 | SILVER | bearish | +4.6% | +15.0% | — |
| 2026-02-18 | GOLD | bearish | +10.2% | +11.5% | — |
| 2026-02-18 | BITCOIN | owns | +15.6% | -2.9% | — |
| 2026-01-16 | GLXY | bullish | -28.8% | -28.4% | — |
| 2025-12-24 | USD | bearish | -2.6% | -5.2% | — |
| 2025-12-24 | COPPER | bullish | -2.5% | +13.5% | — |
| 2025-12-17 | SILVER | bullish | +18.9% | +5.3% | — |
| 2025-12-17 | Big Tech | bullish | +0.6% | +24.2% | — |
| 2025-11-18 | BITCOIN | bullish | -25.9% | -16.7% | — |
| 2025-10-22 | SPX | bullish | +1.8% | +6.7% | +15.6% |
| 2025-09-30 | GOLD | bullish | +12.1% | +16.6% | +7.1% |
| 2025-09-30 | GLXY | bullish | -31.5% | -49.3% | -32.7% |
| 2025-09-11 | SOL | bullish | +2.7% | — | — |
| 2025-08-12 | USTS | bearish | -2.2% | -2.7% | -1.3% |
| 2025-08-12 | USD | bearish | -2.8% | -1.1% | -6.4% |
| 2025-08-12 | BITCOIN | bullish | -11.8% | -41.5% | -47.2% |
| 2024-04-07 | SOL | bullish | -28.8% | +33.5% | -34.9% |
| 2024-04-07 | NVDA | bearish | -47.1% | -43.4% | -12.1% |
| 2024-04-07 | GOLD | bullish | +0.8% | +13.2% | +26.4% |
| 2024-02-21 | BITCOIN | bullish | +35.1% | +14.7% | +89.6% |
| 2023-05-04 | BITCOIN | bullish | +0.9% | +19.9% | +117.4% |
| 2023-01-03 | BITCOIN | bullish | +66.9% | +83.7% | +157.2% |
| 2022-05-21 | BITCOIN | bullish | -29.2% | -43.3% | -9.0% |
| 2021-01-17 | BITCOIN | bullish | +67.7% | -12.3% | +17.9% |
| 2020-02-14 | TSLA | bearish | -0.4% | -94.3% | -100.0% |
| 2020-02-14 | European Equities | bullish | -23.6% | -4.7% | +11.2% |
View flips
Where the tracked view on a theme reversed between appearances — bullish to bearish or back. Dates are the episodes on each side of the turn.
Most-argued themes
| Theme | Stances | Lean | Mix | Last |
|---|---|---|---|---|
| BITCOIN | 11 | 11 bullish | 2026-10-02 | |
| GOLD | 6 | 3 bullish / 2 bearish / 1 neutral | 2026-10-12 | |
| Crypto Other | 4 | 4 bullish | 2026-02-21 | |
| ETH | 4 | 4 bullish | 2026-10-12 | |
| SOL | 4 | 4 bullish | 2026-10-12 | |
| USD | 4 | 4 bearish | 2026-10-12 |
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
2026-10-12
SOL
owns
Mike Novogratz · video
Tokenization infrastructure narrative applies to Solana as well as Ethereum; a core holding given its position as a high-throughput base layer for tokenized assets
“Ethereum, I have Solana, I have Hyperliquid—my three kind of core longs outside of Bitcoin”
Mike Novogratz: The Number That Actually Makes You Rich
AI bubble has not peaked and continues to feed equity multiples; no blow-off top has occurred yet and the market is showing unusual resilience to rising rates because the AI story is bigger than any prior cycle
“Bullish. 8,000 end of the year.”
Mike Novogratz: The Number That Actually Makes You Rich
2026-10-12
HYPE
bullish
Mike Novogratz · video
Hyperliquid generates real revenue, uses profits to buy back its token (equity-like behavior), has expanded its user base from crypto to equity and commodity speculation, making it one of the few crypto assets with genuine utility-driven demand
“it works. You actually get paid to use it. As they make money, they buy their token back.”
Mike Novogratz: The Number That Actually Makes You Rich
Tokenization of real-world assets is being built on Ethereum as infrastructure, creating durable demand; it is a core portfolio holding alongside Bitcoin
“the story of tokenization being built on top of Ethereum... is a real story”
Mike Novogratz: The Number That Actually Makes You Rich
Long-term bearish on the dollar as US debt accelerates, foreign holders reduce Treasury positions, and global confidence in US fiscal management erodes; the bellwether to watch is whether stocks and the dollar fall simultaneously
“Probably bearish. Short-term bullish, long-term bearish.”
Mike Novogratz: The Number That Actually Makes You Rich
Western fiscal irresponsibility and persistent debt monetization will continue to drive the debasement narrative; central banks are the largest buyers and the story keeps returning, with a long-term target of $10,000
“Long-term bullish, 10,000.”
Mike Novogratz: The Number That Actually Makes You Rich
Bond market risks unhinging as US debt accelerates; foreign holders reducing Treasury exposure and if yields cannot sustain a bid above 5.86% the Ray Dalio crash scenario becomes likely
“Scary. For all our sakes, I pray it turns around and we're bullish.”
Mike Novogratz: The Number That Actually Makes You Rich
2026-10-12
Big Tech
bullish
Mike Novogratz · video
AI bubble is the biggest story of our lifetime and is not finished; hyperscalers are the primary beneficiaries and the Nasdaq has not had its blow-off top yet
“you got to still unfortunately you got to be long the Magnificent 7”
Mike Novogratz: The Number That Actually Makes You Rich
Mag 7 AI infrastructure beneficiaries still making fortunes and the AI bubble has not had its blow-off top; Meta specifically looks cheap and has another ~$100 upside
“Meta looks cheap. You know, it's going to go buy another 100 bucks.”
Mike Novogratz: The Number That Actually Makes You Rich
2026-10-12
SK
bullish
Mike Novogratz · video
SK Hynix and Samsung trade at only 3x earnings while being a direct AI infrastructure bet on memory demand; downside is limited at those multiples and KOSPI is largely those two names
“The Korean memory stocks look cheap. They're three times earnings... it's still an AI bet.”
Mike Novogratz: The Number That Actually Makes You Rich
Hard assets outperform in a currency debasement environment; a significant concentration of wealth means premium coastal properties hold value well and capital flows into them when fiat is debased
“I actually love real estate right now, high-end real estate. New York City apartments, beach properties.”
Mike Novogratz: The Number That Actually Makes You Rich
2026-10-12
STABLECOINS
bullish
Mike Novogratz · video
Banking rails are being built for tokenized finance and stablecoins are the settlement layer; adoption will grow slowly then accelerate as all asset classes move to tokenized form on platforms like Apple
“you're going to see more and more usage”
Mike Novogratz: The Number That Actually Makes You Rich
2026-10-02
short USTS / long USTS
spread
Mike Novogratz · video
Massive long-dated bond supply from AI/infrastructure CapEx and government deficits will push up the long end, while potential AI-driven unemployment forces the Fed to eventually cut the short end, steepening the 2s/30s spread from ~50bps back toward its…
“probably the best macro trade in the next 6 to 24 months is going to be twos 30s”
AI Could Displace 11 Million Workers + The Battle Over AI Regulation
The $60K print was the cycle low as forced sellers are exhausted; no credible exit from the $40T deficit reinforces Bitcoin's store-of-value narrative, and accelerating institutional engagement via tokenization and regulatory clarity supports a move toward…
“the 60 print's the low of the cycle... I would not be surprised if we end the year close to 100”
AI Could Displace 11 Million Workers + The Battle Over AI Regulation
Said again: 2026-10-12 (Mike Novogratz)
2026-10-02
ANTHROPIC IPO
bearish
Mike Novogratz · video
A $2T+ Anthropic IPO valuation is too rich because peer OpenAI just printed at $1.4T privately while losing money, and the AI model valuation acceleration makes forward projections increasingly unreliable — at huge valuations too much is priced in
“when you get a huge valuation a lot's priced in you got to take some chips off the table”
AI Could Displace 11 Million Workers + The Battle Over AI Regulation
Gold and silver ran up in a speculative bubble driven by macro safe-haven narratives and retail speculation chasing hot assets, and that bubble has now topped—same topping pattern as prior speculative cycles
“there was a gold and silver bubble. It topped, right? That that was the top.”
90d -3.9%
Mike Novogratz: Crypto's Investors Have Moved On
Leverage in US equity markets has reached a historic extreme—above 2007 and 1999 peaks—making valuations highly dangerous, especially as AI capex cycles and demand uncertainty risk a sharp unwind
“the equity markets I think are very dangerous right now”
90d -4.1%
Mike Novogratz: Crypto's Investors Have Moved On
2026-02-21
SOL
bullish
Mike Novogratz · video
Galaxy raised $620M to buy discounted Solana holdings betting on price appreciation, with those tokens now worth more than double the purchase price at $1.2B+
“Galaxy raised $620 million to buy discounted Solana holdings. Those tokens are now worth more than $1.2 billion.”
Inside The Trade That Made Mike Novogratz An AI Kingpin—And Could Net Him $20 Billion
2026-02-21
Crypto Other
bullish
Mike Novogratz · video
Crypto must evolve beyond Bitcoin and speculation into real financial infrastructure (e.g., decentralized exchanges for everyday transactions) or the industry will have failed its potential
“If in 3 years you can't buy your Taylor Swift ticket through a decentralized exchange, we will have failed.”
Inside The Trade That Made Mike Novogratz An AI Kingpin—And Could Net Him $20 Billion
2026-02-18
short US MEGA-CAP EQUITIES / long Japan Equities
pair
Mike Novogratz · video
Flow of funds are rotating from overvalued US mega-cap equities into undervalued international markets as the dollar's reserve currency status weakens and foreign capital diversifies away from US Treasuries
“short mega cap in the US and long the rest of the world”
Billionaire Investor Reveals Why Bitcoin Keeps Dropping | Mike Novogratz
Whale selling has exhausted after Bitcoin crossed $100K and the low is likely in at $60K, with ETF flows, impending market structure legislation, and institutional adoption providing fresh narrative catalysts
“I think we put a low in at 60... yes, I've been buying some Bitcoin recently”
90d +15.6% · 180d -2.9%
Billionaire Investor Reveals Why Bitcoin Keeps Dropping | Mike Novogratz
Said again: 2026-02-21 (Mike Novogratz)
Silver's chart pattern overlays identically onto prior historical bubble tops (NASDAQ, Nikkei 1989) indicating the cycle high is already in and new highs are highly unlikely
“take the silver chart, put it right over it, and tell me you want to buy silver”
90d +4.6% · 180d +15.0%
Billionaire Investor Reveals Why Bitcoin Keeps Dropping | Mike Novogratz
Gold appears to have put in a cycle high alongside silver after last year's strong run, making chasing it at current levels unattractive
“does it mean run into gold now? I don't think so”
90d +10.2% · 180d +11.5%
Billionaire Investor Reveals Why Bitcoin Keeps Dropping | Mike Novogratz
2026-02-03
PREDICTION MARKETS INFRASTRUCTURE / LIQUIDITY PROVISION
bullish
Mike Novogratz · video
Galaxy Digital is pursuing market-making and liquidity provision roles in prediction markets because volume is growing rapidly, sports betting dominates activity, and the new regulatory regime is more permissive than the prior administration
“We want to look at infrastructure there. We want to be market makers. We want to be providers of liquidity”
Novogratz on Crypto Legislation, Prediction Markets
ERCOT approval of 1.6 GW capacity at Helios positions Galaxy as a major power landlord to hyperscalers, with $15B+ in contracted rent already and another ~800 MW to lease, warranting a significant re-rating of the data center subsidiary alone
“we have 800 megawatts leased to core… that's over 15 billion dollars of rent that comes in”
90d -28.8% · 180d -28.4%
Galaxy CEO Michael Novogratz on data center expansion, fate of Senate crypto bill
Said again: 2026-02-03 (Mike Novogratz), 2026-02-03 (Mike Novogratz)
Dollar weakness is expected as the Fed cuts rates aggressively and injects liquidity, making non-dollar assets attractive
“sell the dollar, you know, buy the euro, buy the Mexican currency, the carry currency”
90d -2.6% · 180d -5.2%
2026 is a Year for Building with Mike Novogratz
Copper is part of the same macro trade as gold and silver, benefiting from dollar weakness and liquidity injection
“it's the steepener, it's gold and silver, it's copper”
90d -2.5% · 180d +13.5%
2026 is a Year for Building with Mike Novogratz
2025-12-24
RWA
bullish
Mike Novogratz · video
Tokenized equities of major brands like Apple, Tesla, SpaceX will emerge as a real asset class by end of 2026, distributed via crypto wallets to underbanked populations globally, creating massive new demand
“tokenized equities will be a thing sometime between now and the end of next year”
2026 is a Year for Building with Mike Novogratz
Silver is leading the precious metals race into year-end and seasonally tends to maintain that lead, making it a near-term outperformer over Bitcoin
“silver is the horse in the front of the race. Normally the horse in the front of the race wins”
90d +18.9% · 180d +5.3%
Mike Novogratz on BTC's Slide, Altcoins & Big 2026 Predictions
Said again: 2025-12-24 (Mike Novogratz)
2025-12-17
Big Tech
bullish
Mike Novogratz · video
AI is a bubble but likely to become the greatest bubble of all time because the story is so powerful, and calling it early typically means being two years premature
“AI is a bubble and my guess is it's going to become the greatest bubble of all time”
90d +0.6% · 180d +24.2%
Mike Novogratz on BTC's Slide, Altcoins & Big 2026 Predictions
2025-12-17
ALTCOINS (BROAD)
bearish
Mike Novogratz · video
Most altcoins were structured as community tokens with no economic value accrual to holders, creating permanent sell pressure from token unlocks with no fundamental buyer base
“altcoins have sucked because they were designed to suck”
Mike Novogratz on BTC's Slide, Altcoins & Big 2026 Predictions
2025-12-17
TOKENIZED REAL-WORLD ASSETS ON BLOCKCHAIN
bullish
Mike Novogratz · video
Regulatory clarity under the new SEC leadership and favorable market structure legislation are enabling Wall Street's distribution machine to tokenize and sell real-world assets globally over an 18-month to 3-year buildout
“the future of blockchains and digital assets, real world assets on blockchains, is as bullish as it's ever been”
Mike Novogratz on BTC's Slide, Altcoins & Big 2026 Predictions
US $38 trillion national debt has no silver bullet fix without inflation/monetization, making Bitcoin's digital-gold store-of-value narrative durable and driving a path to $1M per coin
“I'd like Bitcoin to get to a million in about four years”
90d -25.9% · 180d -16.7%
Novogratz on BTC, XRP, Immigration, and The Billions Scene He Inspired | Spotlight
Said again: 2025-12-17 (Mike Novogratz), 2026-02-03 (Mike Novogratz)
2025-11-18
Crypto Other
bullish
Mike Novogratz · video
Sovereign debt debasement across the US, Europe, and Japan is eroding purchasing power and fueling a populist backlash that makes scarce digital assets structurally attractive as wealth preservation vehicles
“crypto plays perfectly — we are in the golden era of crypto”
Novogratz on BTC, XRP, Immigration, and The Billions Scene He Inspired | Spotlight
Said again: 2026-01-16 (Mike Novogratz), 2026-02-03 (Mike Novogratz), 2026-02-03 (Mike Novogratz)
S&P chart is less than 1% from a technical breakout level and ample liquidity plus the AI narrative suggest stocks end the year much higher, which could also pull crypto higher
“just looking at those charts it looks like stocks are going to end the year much higher”
90d +1.8% · 180d +6.7% · 1y +15.6%
Bitcoin will likely stay between $120,000-$125,000 by year-end, says Galaxy CEO Mike Novogratz
2025-09-30
HYPE
owns
Mike Novogratz · video
Founders Jeff and Sophia are serious long-haul builders with a strong moat, generating $1.5–2B EBITDA annually from 12 employees, and the token is not a quick-exit scheme given founders' Harvard pedigree and existing wealth.
“I own a lot of hyperl... they're in it for the long haul”
The Art of Trading and Galaxy’s Next Chapter | Mike Novogratz
Said again: 2025-12-17 (Mike Novogratz), 2025-12-24 (Mike Novogratz)
The $20–25B in contracted data-center rent from Coreweave over 15 years creates a bond-like cash flow floor that significantly de-risks the stock, while the crypto business provides asymmetric upside if cycle continues.
“there's a much higher floor to the share price than there ever was before”
90d -31.5% · 180d -49.3% · 1y -32.7%
The Art of Trading and Galaxy’s Next Chapter | Mike Novogratz
The Fed is cutting into all-time highs in equities, gold, and crypto while the US carries $35T in debt it needs to inflate away, creating a dangerous monetary environment where gold functions as a dollar-debasement hedge.
“rarely does the Fed cut when inflation's still perky, when gold is at an all-time high”
90d +12.1% · 180d +16.6% · 1y +7.1%
The Art of Trading and Galaxy’s Next Chapter | Mike Novogratz
Said again: 2025-12-17 (Mike Novogratz), 2025-12-24 (Mike Novogratz)
2025-09-30
CHINESE EQUITIES
owns
Mike Novogratz · video
Chinese equities remain very cheap relative to US tech names while China's government is actively fighting deflation with stimulus, making them a credible diversifier against dollar-centric risk.
“I'm long a lot of Chinese equities... they're still very very cheap relative to US equity tech names”
The Art of Trading and Galaxy’s Next Chapter | Mike Novogratz
2025-09-30
BNB
owns
Mike Novogratz · video
CZ is a proven kingmaker who copies the best ideas and out-executes everyone, making his token a beneficiary of whatever narrative he decides to enter next (currently eyeing Hyperliquid).
“I went and bought some of his token today because I'm like he's a kingmaker”
The Art of Trading and Galaxy’s Next Chapter | Mike Novogratz
2025-09-30
SOLANA
owns
Mike Novogratz · video
Solana benefits from the same regulatory clarity tailwind and institutional on-chain shift that Novogratz sees driving the broader crypto cycle.
“I'm long Ethereum I'm long Solana”
The Art of Trading and Galaxy’s Next Chapter | Mike Novogratz
2025-09-11
SOL
bullish
Mike Novogratz · video
Solana's 14 billion daily transactions — exceeding all equity, fixed income, commodity, and FX volume combined — makes it the de facto financial-market blockchain at the exact moment the SEC chair is mandating on-chain markets, driving institutional capital…
“I'm calling this the Season of Soul”
90d +2.7%
Galaxy CEO Mike Novogratz: Bitcoin could see another big surge towards the end of the year
Said again: 2025-09-23 (Mike Novogratz)
Bitcoin is driven by two vectors — growing adoption (orange-pilling) and a macro backdrop of perpetual government deficit spending that debases fiat currencies globally, both of which remain firmly intact.
“The deficit is going to be higher, not lower. Politicians can't help themselves.”
90d -11.8% · 180d -41.5% · 1y -47.2%
Lessons from a Decade in Crypto: Mike Novogratz on Galaxy, Bitcoin's $1M Roadmap, Crypto Communities
Said again: 2025-09-11 (Mike Novogratz), 2025-09-30 (Mike Novogratz), 2025-10-22 (Mike Novogratz)
2025-08-12
ETHEREUM
bullish
Mike Novogratz · video
Ethereum has sustained value as the primary blockchain layer for stablecoins, payments, and tokenized assets, and anyone who bought at any point remains profitable, supporting continued holding.
“If you had bought Ethereum at any time, you're feeling pretty good about it.”
Lessons from a Decade in Crypto: Mike Novogratz on Galaxy, Bitcoin's $1M Roadmap, Crypto Communities
Said again: 2025-09-30 (Mike Novogratz)
Structural deficit spending by the US, Europe, and Japan is politically irreversible, ensuring ongoing fiat debasement regardless of stated fiscal intentions from policymakers like Bessent.
“Fiat currencies get debased. Scott Bessant is failing at bending debt to GDP.”
90d -2.8% · 180d -1.1% · 1y -6.4%
Lessons from a Decade in Crypto: Mike Novogratz on Galaxy, Bitcoin's $1M Roadmap, Crypto Communities
While MicroStrategy succeeded by building a unique identity beyond just Bitcoin exposure, the flood of copycat balance-sheet companies feels like late-cycle frenzy and may not all sustain the same premium.
“At one point, that's what bubbles feel like.”
90d -2.2% · 180d -2.7% · 1y -1.3%
Lessons from a Decade in Crypto: Mike Novogratz on Galaxy, Bitcoin's $1M Roadmap, Crypto Communities
Spot Ethereum ETF approval would credential the asset with mainstream institutions — a second step in the broader crypto legitimization narrative after Bitcoin ETFs — bringing a net influx of new participants into the ecosystem.
“it won't have the exact same impact but it'll have a big impact”
Galaxy Digital CEO Mike Novogratz Talks Bitcoin | Bloomberg Talks
2024-04-07
SOL
bullish
Mike Novogratz · video
Solana is a core layer-1 holding with a strong community and growing real-world payment and gaming use cases, though returns are lower from current ~$180 vs the 8-dollar entry of the prior cycle
“buy Solana at $8...from 8 to 180 is 24x”
90d -28.8% · 180d +33.5% · 1y -34.9%
Why Mega Bull Billionaire Mike Novogratz Has The Majority Of His Net Worth In Bitcoin & Crypto
2024-04-07
Crypto Other
bullish
Mike Novogratz · video
Triple-A blockchain-based games from studios like Immutable and Mythical are finally arriving, potentially providing the killer consumer app that drives mainstream adoption of on-chain ecosystems
“triple-A games coming that are blockchain based...feel very different than a year ago”
Why Mega Bull Billionaire Mike Novogratz Has The Majority Of His Net Worth In Bitcoin & Crypto
2024-04-07
TOKENIZATION OF REAL-WORLD ASSETS
bullish
Mike Novogratz · video
BlackRock and major financial institutions are actively tokenizing money-market funds and other assets on-chain, creating interest-bearing stablecoin-like instruments that could replace non-yielding cash and disrupt traditional banking deposits
“if you tokenize a money market fund that's pretty freaking cool”
Why Mega Bull Billionaire Mike Novogratz Has The Majority Of His Net Worth In Bitcoin & Crypto
Nvidia has had an extraordinary momentum run but has shown early chart weakness, and a meaningful correction there could trigger a correlated unwind across all momentum assets including crypto
“it's broken a little bit in the last two days...would not surprise if there'd be a correlation in the rest of momentum stuff”
90d -47.1% · 180d -43.4% · 1y -12.1%
Why Mega Bull Billionaire Mike Novogratz Has The Majority Of His Net Worth In Bitcoin & Crypto
2024-04-07
ETHEREUM
bullish
Mike Novogratz · video
Ethereum is a foundational decentralized compute platform still in its infancy, with an ETF likely coming and staking yield making it a hard money asset, though its killer-app use case is still developing
“the ethereum platform...we haven't made that transition as a world yet”
Why Mega Bull Billionaire Mike Novogratz Has The Majority Of His Net Worth In Bitcoin & Crypto
Populist fiscal policy and monetary debasement erode purchasing power, so hard assets including gold, real estate, and equities should be held as hedges against currency debasement alongside Bitcoin
“you should have equities...you should have real estate, you should have gold and silver”
90d +0.8% · 180d +13.2% · 1y +26.4%
Why Mega Bull Billionaire Mike Novogratz Has The Majority Of His Net Worth In Bitcoin & Crypto
ETF approval has opened up the $45 trillion RIA/wealth management channel, bringing in long-term holders who are taking supply off the market, while institutional access will at least double in six months as more platforms turn on Bitcoin products.
“I still see Bitcoin ending the year a lot higher”
90d +35.1% · 180d +14.7% · 1y +89.6%
Galaxy Digital CEO Michael Novogratz on crypto rally: Still see bitcoin ending the year a lot higher
Said again: 2024-04-07 (Mike Novogratz)
Gold has underperformed partly due to Bitcoin substitution and the difficulty of reading the US macro/Fed outlook, keeping macro traders in a buy-and-sell cycle rather than a sustained long.
“gold hasn't had a great run partly because Bitcoin substitution”
Galaxy Digital CEO Michael Novogratz on crypto rally: Still see bitcoin ending the year a lot higher
Government fiscal irresponsibility and monetary excess will force inflation as the debt-exit path, making Bitcoin's fixed-supply, border-agnostic store-of-value proposition increasingly compelling alongside a growing 180M-person adoption base and expanding…
“My bet is they won't be able to get it together. You'll have to inflate your way out of this giant debt.”
90d +0.9% · 180d +19.9% · 1y +117.4%
The State of Crypto with Michael Novogratz | Global Alts 2023
2023-05-04
ETHEREUM
bullish
Mike Novogratz · video
Ethereum has delivered the best volatility-adjusted returns of any asset class globally over the prior four years, demonstrating resilience through fraud, overleveraging, and regulatory headwinds that validate the underlying ecosystem's durability
“Ethereum has been the number one asset to invest in the world. That includes all your tech stocks. Vol adjusted.”
The State of Crypto with Michael Novogratz | Global Alts 2023
2023-05-04
NFTS / DIGITAL PRIVATE PROPERTY
bullish
Mike Novogratz · video
Bitcoin established private property rights on the internet for the first time in history, unlocking NFT-based use cases in brand loyalty, medical records, and identity that will expand as humans spend more time in digital environments
“NFTs are going to continue to show up. You're going to have medical records there.”
The State of Crypto with Michael Novogratz | Global Alts 2023
Bitcoin's fixed supply and inability to be easily regulated away makes it a digital store of value analogous to gold, with institutional money just beginning to enter and futures markets adding liquidity
“should everybody have some? I think everybody should have some”
90d +66.9% · 180d +83.7% · 1y +157.2%
How Mike Novogratz made $250 Million on Ethereum
Said again: 2023-03-30 (Mike Novogratz)
2023-01-03
Crypto Other
bullish
Mike Novogratz · video
Investing in regulated crypto exchange equity captures infrastructure value of the growing ecosystem regardless of which specific coin wins
“I've invested in three exchanges way back”
How Mike Novogratz made $250 Million on Ethereum
Showing the 60 most recent of 77 tracked stances.
Idea Scout Weekly
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