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Galaxy Digital's CEO Novogratz Predicts Bitcoin Could Reach $1 Million

2025/06/13 10:33 (Updated 2025/06/13 13:01)
CoinPost
Written by L.Kikutani
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Galaxy Digital's CEO Novogratz Predicts Bitcoin Could Reach $1 Million

Multiple Predictions of $1 Million

Mike Novogratz, founder and CEO of major cryptocurrency investment firm Galaxy Digital, stated in a CNBC interview on June 13 that Bitcoin has the potential to increase tenfold and reach $1 million in the long term. The company, listed in Canada, is known as a leader in the industry, providing investment, trading, and asset management services in the cryptocurrency sector. Novogratz indicated that with growing support from younger generations, gold is gradually being replaced by Bitcoin (BTC). 'There is a tenfold growth potential for Bitcoin to reach the market capitalization level of gold,' he noted, suggesting that a generational shift in values could drive long-term price increases.

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Iolite Vol.14

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MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.