Bitcoin-Holding Firms May Have Peaked, Says Galaxy CEO

The surge in companies created to hold crypto assets has probably reached its peak. Galaxy Digital CEO Mike Novogratz warned that future success will depend on strategic positioning rather than simple asset accumulation. Peak Treasury Issuance Behind Us Speaking on Galaxy’s Q2 earnings call Tuesday, Novogratz said the proliferation of crypto treasury companies has likely peaked. “We’ve probably gone through peak treasury company issuance,” he stated source: https://beincrypto.com/bitcoin-holding-firms-may-have-peaked-says-galaxy-ceo/