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Founder of Galaxy Digital: If Bitcoin becomes a strategic reserve asset, it will rise to $500,000

In a Bloomberg TV interview, Galaxy Digital founder Mike Novogratz dressed up as Steve Jobs and said that if the speculation of bitcoin being regarded as a strategic reserve asset becomes a reality, the price of the currency will reach $500,000. But the possibility of becoming a strategic asset is low, and if bitcoin becomes a reserve asset, other countries will need to buy bitcoin.