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Why Mike Novogratz says Bitcoin isn’t the biggest bet in crypto right now
Yahoo Finance·2025-09-15 19:43

Bitcoin may be the biggest crypto, but you should look elsewhere for the real fireworks. That’s according to Galaxy Digital CEO Mike Novogratz, who says the 4trilliondigitalassetsmarketisenteringanewphase:oneledbyaltcoinsandalternativeassettreasuries.Bitcoinsinconsolidationrightnow,hetoldCNBC.Youreseeingalotofthesetreasurycompaniesinothercoinstaketheirshot.Itsbringingenergyandmoneyintothespace.NovogratzpointedtoForwardIndustries4 trillion digital assets market is entering a new phase: one led by altcoins and alternative asset treasuries. “Bitcoin’s in consolidation right now,” he told CNBC. “You’re seeing a lot of these treasury companies in other coins take their shot. It’s bringing energy and money into the space.” Novogratz pointed to Forward Industries’ 1.6 billion r ...