Mike Novogratz: Crypto's Investors Have Moved On
Today on Prof G Markets, Ed Elson and Scott Galloway are joined by Mike Novogratz to discuss why crypto has struggled this year and where he thinks the industry goes from here. They also explore how he got into the AI infrastructure business, why he now considers himself an AI landlord, and whether the AI boom is headed toward a demand crisis. Mike Novogratz is the founder and CEO of Galaxy Digital. Subscribe to the Prof G Markets newsletter: https://links.profgmedia.com/markets-... Order Notes On Being A Man now! https://amzn.to/4nl4VKo Timestamps: 00:00 Preview 00:44 Today's number 01:03 Today's episode 06:07 Interview with Mike Novogratz 07:10 Why do you think the crypto industry is struggling and where do you think things will go from here? 13:46 How much of the value at the current price point is propped up by this speculative gambling mania? 15:43 Can you share examples of how consumers and businesses are already benefiting from AI? 18:25 What principles have helped your firm and personal brand stay above the fray? 21:27 Does Michael Saylor acknowledge the point you’re making? 24:32 Ad break 27:19 How much do you blame on Trump? 30:39 Do you think crypto traders are now gravitating toward zero-day SpaceX options? 33:00 Do you agree that Bitcoin could go over $100,000 by the end of the year? 34:43 How did Galaxy Digital get into the AI business? 38:40 Are you worried that the pendulum's swinging the other way to a demand crisis? 48:34 Ad break 50:00 Where does your risk tolerance come from? 53:32 Can you talk about your parents? 01:00:07 Credits Follow Scott on Instagram: / profgalloway Follow Ed on Instagram, X and Substack: / ed_elson_ / edels0n https://substack.com/@edwardelson Subscribe to Prof G Markets on Spotify: https://links.profgmedia.com/markets-... Got a question for Prof G? Get answers on TikTok: https://links.profgmedia.com/tiktok Want more Prof G? Check out everything we're up to at: https://links.profgmedia.com/home Send us your questions or comments by emailing [email protected] Note: We may earn revenue from some of the links we provide. #business #news #tech #financemotivation #stockmarket #profg #scottgalloway #edelson #profgmarkets #ai #earnings #stocks #inflation #investmentstrategies #investment #investing #gdp #tariffs #2026
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