How is quantum computing impacting the future of Bitcoin? The CEO of Galaxy Digital asserts that quantum computing is actually being leveraged as a marketing narrative rather than a significant threat. He confidently predicts that Bitcoin will transition to more advanced quantum-resistant technology as necessary. This anticipated upgrade aligns closely with the ongoing evolution of its underlying architecture by dedicated developers.
The CEO further emphasizes that the primary risk to Bitcoin stems not from quantum advancements but rather from potential disagreements among its developers. He recognizes that internal disputes could delay important updates, yet he remains optimistic about the consensus among developers, believing that a breakdown in communication is unlikely.
In discussing recent market activity, he notes the current downward trend of Bitcoin has little to do with confidence erosion and more to do with long-term holders reallocating their assets. Despite the potential for further market fluctuations, he feels the market is nearing a cyclical low rather than entering a prolonged downturn.
Additional insights were shared about regulatory developments in the U.S. that may stimulate market interest and investment from institutional players, reaffirming Bitcoin’s stature as a macro asset.
For context, Galaxy Digital reported a net loss of $241 million for the entire year 2025, though it still managed to achieve a 67% increase in adjusted gross profit within its digital assets division. This outcome highlights the complexities of digital asset investment in changing market conditions.