Novogratz sees bitcoin at US$100,000 with ‘every’ company adopting
From bnnbloomberg.ca
{video} Michael Novogratz, the founder of cryptocurrency investment firm Galaxy Digital, sees Bitcoin more than doubling to US$100,000 by the end of the year, spurred higher as more companies allow customers to use the token to make purchases. The coin jumped to an all-time high of US$44,795 Monday after Tesla Inc. said it had bought US$1.5 billion of the token with corporate cash reserves. The company also said it will allow customers to buy its electric cars with the coins. “You’re going to see every company in America do the same thing,” Novogratz said Monday in a Bloomberg Television interview. Between ...
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