# Mike Novogratz: Crypto's Investors Have Moved On

Page: https://stenobird.com/podcast/prof-g-markets-6899881/mike-novogratz-crypto-s-investors-have-moved-on
Text version: https://stenobird.com/podcast/prof-g-markets-6899881/mike-novogratz-crypto-s-investors-have-moved-on.md
Podcast: [Prof G Markets](https://stenobird.com/podcast/prof-g-markets-6899881)
Published: 2026-07-17T08:15:00+00:00
Episode link: https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/pscrb.fm/rss/p/mgln.ai/e/257/traffic.megaphone.fm/VMP5839554210.mp3
Audio file: https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/pscrb.fm/rss/p/mgln.ai/e/257/traffic.megaphone.fm/VMP5839554210.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/prof-g-markets-6899881/episodes/mike-novogratz-crypto-s-investors-have-moved-on
Duration seconds: 3687

## Resource

Ed Elson and Scott Galloway are joined by Mike Novogratz to discuss why crypto has struggled this year and where he thinks the industry goes from here. They also explore how he got into the AI infrastructure business, why he now considers himself an AI landlord, and whether the AI boom is headed toward a demand crisis. Mike Novogratz is the founder and CEO of Galaxy Digital. Subscribe to the Prof G Markets Youtube Channel  Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on Instagram Send us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/prof-g-markets-6899881/episodes/mike-novogratz-crypto-s-investors-have-moved-on/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/prof-g-markets-6899881/mike-novogratz-crypto-s-investors-have-moved-on.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.