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Mike Novogratz
Galaxy Digital
0 of 1 correct
0 correct, 1 missed. Quotes in curly quotation marks are verbatim; everything
else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.
Scored calls
Said 2021-02-28 · deadline Dec 31, 2021Missed
“The next big leg is up to $100,000, and that wouldn't surprise me at all if we crack a hundred by the end of the year” - Bitcoin
What happened: BTC peaked ~$69K and closed 2021 ~$46K
Where they stand
Views on the record but not scoreable bets: no single number and deadline to grade. Shown in their exact words, never scored.
Rejects the Tom Lee $100k year-end call; says a break higher needs the Clarity Act, Fed cuts and a fresh buyer base, none of which he sees.
“80 is gonna be a top... But I would say we're 60/80 for the rest of the year”
Bitcoin since this was said: ▼ -0.1% · 64,796 → 64,703 · as of 2026-08-05
Too many store-of-value holders committed for it to break down.
“I think Bitcoin probably holds 60,000.”
Bitcoin since this was said: ▼ -0.1% · 64,796 → 64,703 · as of 2026-08-05
Avalanche/Solana-type 'association tokens' that added no economic value.
“some will survive, but many will drift down because they were really association tokens.”
Bitcoin since this was said: ▼ -0.1% · 64,796 → 64,703 · as of 2026-08-05
Vitalik's reduced presence weakened Ethereum's store-of-value case.
“less presence hurt that ecosystem because he was such a charismatic in his own way and brilliant and decent guy”
Bitcoin since this was said: ▼ -0.1% · 64,796 → 64,703 · as of 2026-08-05
Says Saylor is not a fraud but is over-levered and a drag on BTC.
“he put too much leverage onto a big pile of coins and he's got to dig himself out of this over leveraged position.”
Bitcoin since this was said: ▼ -0.1% · 64,796 → 64,703 · as of 2026-08-05
Inflation good enough to avoid hikes, not soft enough for cuts.
“I don't think we cut rates this year. I think we'll be good enough not to hike them.”
A fall hike conditional on inflation staying sanguine.
“I don't think Kevin hikes rates at this next meeting but he probably does it in the fall”
Record leverage exceeding 1929, 2007 and 1999 peaks.
“we have never, ever had as much leverage... it's a very dangerous place to be.”
S&P 500 since this was said: ▲ +3.8% · 7,458 → 7,742 · as of 2026-08-05
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