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Fortune

Steve Mollman

Bitcoin maximalist Mike Novogratz, who once predicted it hitting $500K in 2024, would now be ‘the happiest guy’ if it ends the year at $30K

Mike Novogratz Bitcoin Galaxy Digital Jerome Powell US Federal Reserve Crypto

(Credit: Eva Marie Uzcategui—Bloomberg/Getty Images)

Bitcoin maximalist Mike Novogratz is dialing it back.

In January 2021, the founder and CEO of crypto investment firm Galaxy Digital said he would get a tattoo to commemorate Bitcoin reaching $500,000, which he expected to happen in 2024. On Wednesday, he said he’d be happy if Bitcoin merely traded at $30,000 by the end of this year.

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