NewsNTech
Mike Novogratz has staked out a split position on two of the most closely watched names in the risk-asset universe, expressing confidence in $BTC while signaling discomfort with Elon Musk's space venture, according to reporting from Benzinga.
A Bifurcated Macro Call The divergence between Novogratz's Bitcoin conviction and his SpaceX wariness is notable precisely because both assets tend to attract the same breed of high-conviction, high-risk capital.
For a figure with Novogratz's profile to draw a clear line between them signals that not all speculative assets are trading on the same thesis right now.
His bullishness on $BTC suggests he sees the crypto asset as having earned a distinct fundamental case — separate from the broader risk-on trade that often sweeps digital assets and private tech names into the same bucket.
Keep reading