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Stock impact report

Bitcoin Supply Shock Incoming? Galaxy CEO Warns ‘Not Enough Supply' For Michael Saylor's Buying Strategy [Yahoo! Finance]

Galaxy Digital Inc. - Class A common stock (GLXY) 
Company Research Source: Yahoo! Finance
Mike Novogratz believes Bitcoin is entering a potential supply squeeze driven by aggressive institutional buying. AI-driven hacks and quantum computing pose emerging threats. Bitcoin could face a tightening supply dynamic as large institutional buyers accelerate accumulation, with Galaxy Digital CEO Mike Novogratz warning that current market demand, led by Michael Saylor's Strategy, may outpace available supply. Speaking on the All Things Markets podcast with Anthony Scaramucci, Novogratz also echoed concerns about the rising use of AI in hacks, something that is becoming a key focus point for security in crypto. Novogratz Flags Potential Bitcoin Supply Squeeze Novogratz said retail participation in Bitcoin has “come back, period, end of story,” adding that flows are visible through exchange-traded products but even more pronounced in Strategy's ongoing accumulation strategy. “Michael Saylor is back, and he is selling stock, and he is selling perpetuals, and he is buying Show less Read more
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