Mike Novogratz Predicts Bitcoin on US Government’s Balance Sheet Within Six Months
By mid-2025, crypto IPOs are expected to surge, easing regulatory barriers.
Galaxy Digital CEO Mike Novogratz has made a bold prediction: Bitcoin could appear on the US government’s balance sheet within the next six months. Speaking at the Ondo Summit, he claimed that high-level discussions in the financial sector suggest this shift is imminent.
“I think Bitcoin will be on the government’s balance sheet in six months,” Novogratz stated.
He emphasized that key industry figures are already working on strategies to make this happen. His prediction aligns with the broader trend of institutional crypto adoption and discussions around Bitcoin as a strategic asset.
The potential inclusion of Bitcoin in national reserves hinges on Donald Trump’s commitment to positioning the US as the global leader in crypto.
Crypto IPO Boom on the Horizon
In addition to Bitcoin’s potential government adoption, Novogratz foresees a significant rise in crypto companies going public. He predicts that by May or June 2025, multiple crypto firms will debut on major stock exchanges such as the NYSE and NASDAQ, thanks to a more favorable regulatory environment.
“We’ve been waiting for four and a half years,” Novogratz said, referring to delays under previous SEC leadership.
With new leadership in place, Wall Street is expected to embrace crypto IPOs. NYSE’s VP of Listings, Chris Taylor, echoed this optimism, forecasting a surge in public offerings. This trend is being fueled by lower borrowing rates and renewed financial innovation initiatives under the Trump administration.
As major firms like Galaxy Digital prepare for their listings, the upcoming wave of crypto IPOs could redefine institutional investment in the industry.
Institutional Adoption Continues Despite Market Volatility
Bitcoin’s price has remained volatile, recently peaking at $109,000 before stabilizing around $97,650. Concerns over global trade tensions and market liquidations have contributed to fluctuations.
Novogratz remains optimistic, stating that even if Bitcoin dips to $80,000, it should be seen as a buying opportunity.
Meanwhile, Pantera Capital’s founder, Dan Morehead, pointed out that institutional crypto exposure is still minimal, with most major investors holding zero blockchain assets. He suggested that even a slight reallocation of global wealth into crypto could trigger exponential growth.
At the same time, high-profile institutional figures like Michael Saylor continue to advocate for Bitcoin as a store of value, further reinforcing its role as a legitimate reserve asset rather than just a speculative investment.
With increasing institutional interest, regulatory clarity, and potential government adoption, Bitcoin’s future as a mainstream financial asset seems more promising than ever.
