Galaxy Digital Founder: Bitcoin Could Reach $500,000 if It Successfully Becomes a Strategic Reserve Asset, but the Likelihood Is Very Low

BlockBeats News, November 13th, Galaxy Digital founder Mike Novogratz, dressed as "Steve Jobs" during a Bloomberg TV interview, stated that if the speculation that Bitcoin is seen as a strategic reserve asset becomes reality, the price of the coin will reach $500,000. However, the likelihood of it becoming a "strategic asset" is very low, as if Bitcoin were to become a reserve asset, other countries would need to purchase Bitcoin.