Anthony Scaramucci Asks Mike Novogratz About Bitcoin's 2026 Prospects — Here Is What The Galaxy CEO Said About BTC And Its 'Belief System'

Benzinga_recent_news2025-12-24

Galaxy Digital Inc. (NASDAQ: GLXY) CEO Mike Novogratz said in an interview aired on Tuesday that he’s not giving up on Bitcoin (CRYPTO: BTC) despite the negative sentiment, but cautioned against going...

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And so in some ways, you don’t need to get bullish until we break $100,000,” Novogratz stated.\nThe billionaire tycoon said that Bitcoin is supported by a “gigantic apparatus” and a belief system that is unlikely to disappear anytime soon.\nNovogratz added he was bullish on building the infrastructure for cryptocurrency.\n“It’s a little bit like the internet, you know, after the internet had trouble, you had some of the greatest years of growth in terms of building the infrastructure. And so there’s no bear market in building crypto infrastructure,” he said.\nSee Also: Bitcoin (BTC) Price Predictions: 2025, 2026, 2030\nNovogratz, who co-founded Galaxy Digital, a firm specializing in digital assets and AI infrastructure, is a known Bitcoin supporter. He projected earlier this year that the apex cryptocurrency could grow tenfold to $1 million, eventually replacing gold as the top store of value asset.\nNotably, Galaxy holds 6,894 BTC, worth $600 million, on its balance sheet, according to BitcoinTreasuries.net.\nLeading cryptocurrency analyst Ben Cowen predicted that Bitcoin and Ethereum (CRYPTO: ETH) would remain range-bound through summer 2026 as the Federal Reserve won’t step in to cut interest rates.\nMoreover, renowned economist Peter Schiff said that Bitcoin’s trade is over, highlighting its failure to follow gains in tech stocks or precious metals like gold.\nPrice Action: At the time of writing, BTC was trading at $87,268.68, down 1.08% over the last 24 hours, according to data from Benzinga Pro.\nGalaxy Digital shares fell 0.45%in after-hours trading after closing 0.08% lower at $24.59 during Tuesday’s regular trading session. The stock has grown more than 40% in 2025.\nGLXY demonstrated a low Value score and underperformed on the short, medium and long-term price trends. Visit Benzinga Edge Stock Rankings to find out more about this stock.\nRead Next: \nDisclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.1","shortVersion":"4.36.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2593421421","isCrawlerRequest":true}