Galaxy Digital CEO Predicts U.S. Government Bitcoin Purchase by 2025

Mike Novogratz, the CEO of Galaxy Digital, has made a significant prediction that the U.S. government will start adding Bitcoin to its balance sheet around Q2-Q3 2025. This prediction was made during a recent Ondo Summit, where Novogratz expressed his optimism about Bitcoin’s growing role in the financial system, particularly under the new presidential administration.

Novogratz highlighted a shift in regulatory sentiment that could lead to a surge in institutional adoption of Bitcoin. With a new leadership direction at the Securities and Exchange Commission (SEC), he foresees an increase in cryptocurrency-related public listings on major U.S. exchanges such as the New York Stock Exchange (NYSE) and Nasdaq. Galaxy Digital itself is among the firms planning to go public in the near future.

Novogratz shared insights from a high-profile event he attended, which included Vice President J.D. Vance, tech mogul Mark Zuckerberg, venture capitalist Peter Thiel, and executives from various cryptocurrency companies. He noted a positive outlook on digital assets within influential circles, reinforcing his belief that Bitcoin is increasingly being recognized as a strategic financial asset.

“I think Bitcoin will be on the government’s balance sheet within six months,” Novogratz stated. He emphasized that Bitcoin has solidified its position as a reliable store of value and could soon play a key role in national financial strategies. “Bitcoin has a store of value it’s carved out a lane it is becoming Global so I don’t think bitcoin’s going away,” he added.

Novogratz acknowledged the potential for short-term volatility in Bitcoin’s price but dismissed concerns, calling it a “buying opportunity” rather than a setback. He emphasized that price fluctuations do not diminish Bitcoin’s value in the long run, as institutional demand is expected to drive sustained growth.

This outlook aligns with a prediction from Matthew Sigel, head of digital asset research at VanEck, who suggested that individual U.S. states might soon begin acquiring Bitcoin as part of their strategic reserves. According to the pundit, the passage of Bitcoin Strategic Reserve (SBR) bills at the state level could create demand for over 240,000 BTC worth approximately $23.5 billion. He also suggested that pension funds and other institutional investors could follow suit, further accelerating Bitcoin’s adoption.

The idea of Bitcoin as a sovereign reserve asset has continued to gain momentum in both political and financial circles, particularly with President Donald Trump proposing a digital asset task force to explore integrating Bitcoin into the U.S. financial system in last year’s campaigns. Major crypto advocacy groups and companies such as Satoshi Fund are actively lobbying for Bitcoin reserves at both the state and federal levels. Recently, MARA CEO Fred Thiel also reinforced this effort, stating, “We are now focused on bringing the Strategic Bitcoin Reserve to all 50 states and the federal government.”

Novogratz's prediction is based on the growing acceptance of Bitcoin by institutional investors and the increasing recognition of its potential as a store of value. He argues that as more governments and central banks explore the use of digital currencies, the U.S. will eventually follow suit. This move would not only provide a boost to the Bitcoin market but also signal a shift in the global financial landscape towards digital assets.

The potential purchase of Bitcoin by the U.S. government would have far-reaching implications for the cryptocurrency market. It would likely lead to increased demand for Bitcoin, driving up its price and attracting more investors to the space. Additionally, it would provide a level of legitimacy to Bitcoin that has been lacking, as governments and central banks are often seen as the ultimate arbiters of financial stability and security.

However, it is important to note that Novogratz's prediction is based on his personal analysis and opinions, and there is no guarantee that the U.S. government will actually purchase Bitcoin within the next six months. The decision to acquire Bitcoin would depend on a variety of factors, including regulatory considerations, economic conditions, and the overall sentiment towards digital currencies.