Bitcoin Strategic Reserve: Michael Novogratz Doubts US Will Move Forward With The Plan

Michael Novogratz, the billionaire founder of crypto investment firm Galaxy Digital, expressed skepticism regarding the likelihood of the United States establishing a Bitcoin strategic reserve, a proposal put forth by President-elect Donald Trump.  Novogratz Predicts $500,000 BTC Price Surge In an interview with Bloomberg Television, Novogratz stated, “I still think it’s a low probability,” highlighting the challenges posed by the current political landscape. Although Republicans control the Senate, Novogratz asserts that they do not possess the supermajority required to pass such significant legislation. Novogratz suggested that it would be prudent…

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