NasdaqGS:GLXYCapital Markets
How Investors May Respond To Galaxy Digital (GLXY) Tying US Debt Inflation Strategy To Bitcoin Demand
Earlier this month, Galaxy Digital founder Mike Novogratz argued that the US can only realistically manage its roughly US$40 trillion debt by tolerating moderate inflation of about 3% to 4% for a decade, while warning that this approach depends on sustained confidence in policymakers.
By linking prolonged inflation as a debt-management tool to the investment case for digital assets such as Bitcoin, Novogratz highlighted how macro policy choices could influence investor demand for Galaxy...