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Crypto treasury boom likely over, says Galaxy Digital's Mike Novogratz

2025-08-05 20:03:29

Crypto treasury boom likely over, says Galaxy Digital's Mike Novogratz

Main Idea

Galaxy Digital Holdings CEO Michael Novogratz suggests that the market may have reached its peak, as indicated during the company's second-quarter earnings call.

Key Points

1. Michael Novogratz, CEO of Galaxy Digital Holdings, made the statement during the company's Q2 earnings call.

2. Novogratz noted that 'we've probably gone through peak treasury', implying a potential market peak.

Description

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