Bitcoin on Government Balance Sheets by Summer?

Galaxy Digital CEO Mike Novogratz believes that Bitcoin (BTC) could be included in government balance sheets within the next six months, signaling a potential shift in the cryptocurrency landscape. Novogratz shared his optimism during the ONDO Summit of 2025, where investors and business experts gathered to discuss the digital assets market.

Novogratz, who has been in the crypto industry for many years, expressed his confidence in the sector's resilience despite the challenges faced under the Biden administration. He praised the improved SEC regulation and the slight bullish momentum of BTC, suggesting that the industry could play a more significant role in consumer and financial spaces.

In a bold prediction, Novogratz stated that cryptocurrencies could be listed on major exchanges like NASDAQ or the New York Stock Exchange by June or May. However, he emphasized that Bitcoin (BTC) would be the primary focus, as it has established itself as a store of value and is gradually growing in importance.

Novogratz's confidence in Bitcoin's future is reflected in his belief that the cryptocurrency could find its way onto government balance sheets within six months. He stated, "Bitcoin has a store of value, it's carved out a lane, it is becoming global. It might or might not be on the government's balance sheet in six months. I actually think it will. I think there are people trying to figure out how to do it gracefully, and so I don't think Bitcoin's going away."

Novogratz's optimistic outlook on Bitcoin's future could boost morale among small and medium-scale investors, potentially leading to increased interest in the cryptocurrency and a more favorable market sentiment.