Mike Novogratz states that a million-dollar Bitcoin in 2026 signals economic distress in the US, advising against celebrating such a price. He expresses a preference for economic stability over high BTC values, as currency devaluation often leads to civil unrest.
Novogratz voiced concerns over Bitcoin treasury companies potentially creating a bubble. He highlights the rapid interest from companies adopting BTC, indicating it feels like the early stages of a financial bubble, prompting caution about future sustainability.
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