Hiring: Business Development, Join us! 【View Details】
API Download the RootData App

Galaxy Digital: Clients Selling Approximately $9 Billion in Bitcoin Not Due to "Quantum Computing Risks"

Feb 05, 2026 08:52:50

Share to

Galaxy Digital's research director Alex Thorn stated that a certain client of Galaxy recently sold approximately $9 billion in Bitcoin, not due to the so-called "quantum computing risk" considerations.

He pointed out that although Galaxy Digital founder and CEO Mike Novogratz mentioned that some opinions in the market view quantum computing as one of the explanations for the weakening of Bitcoin prices, Novogratz himself does not agree with this statement.

Recent Fundraising

More
$2M Feb 05
$5M Feb 05
$1M Feb 04

New Tokens

More
Feb 04
Molten MOLTEN
Feb 04
Tria TRIA
Feb 03

Latest Updates on 𝕏

More