Mike Novogratz named the timing of the creation of the US national Bitcoin reserve

Mike Novogratz Predicts U.S. National Bitcoin Reserve Within Six Months

Bitcoin to Become a Strategic Asset for the U.S. Government

Mike Novogratz, founder and CEO of Galaxy Digital, has predicted that Bitcoin will be added to the U.S. government's reserve within the next six months, signaling its growing status as a profitable and strategic asset for savings.

"I think Bitcoin will be on the government's balance sheet within six months. The first cryptocurrency has paved the way for itself as a means of saving," Novogratz stated.

This move, if realized, could encourage sovereign wealth funds and major institutional investors to increase their Bitcoin allocations, further accelerating adoption at a national level.

Novogratz believes that the U.S. government's Bitcoin adoption would catalyze additional investments from some of the world's largest financial entities, including:

• Sovereign wealth funds
• Pension funds
• Institutional investors

This would align with recent discussions in political and financial circles about Bitcoin's role as a reserve asset, akin to gold in a modernized financial system.

While Novogratz did not rule out a temporary drop in Bitcoin's price, he dismissed concerns that this would significantly impact the market.

• Bitcoin's long-term trajectory remains bullish, with short-term price corrections viewed as part of its natural growth cycle.
• Growing institutional demand and government involvement are expected to provide price stability over time.

This aligns with his previous forecasts, where he compared Bitcoin's trajectory to gold's rise as a global store of value.

Another major shift Novogratz anticipates is greater regulatory support under the new U.S. administration.

• With leadership changes at the SEC, most crypto companies could begin listing their shares on the New York Stock Exchange (NYSE) or Nasdaq by May or June.
• The new White House administration is expected to continue supporting the cryptocurrency sector, creating a more favorable environment for companies and blockchain startups.

This would mark a dramatic shift from the previous regulatory landscape, which often led to legal battles and uncertainty for crypto firms.

Novogratz's prediction suggests that the U.S. could be on the brink of a monumental shift in financial policy, with Bitcoin becoming an integral part of the country's national reserves.

If Bitcoin is officially recognized as a strategic reserve asset, this could:

• Accelerate institutional adoption at an unprecedented level.
• Strengthen Bitcoin's legitimacy as a long-term financial instrument.
• Trigger global competition, with other governments potentially following the U.S. in accumulating Bitcoin.

If Novogratz's forecast materializes, the U.S. embracing Bitcoin at a national level would be one of the biggest milestones in cryptocurrency history. The next six months could determine whether Bitcoin secures its place alongside traditional reserves like gold and U.S. Treasuries, reshaping the financial landscape for decades to come.