Samson Mow says Bitcoin will hit $1 million sooner than expected
The post Samson Mow says Bitcoin will hit $1 million sooner than expected appeared on BitcoinEthereumNews.com.
Canadian entrepreneur and JAN3 CEO Samson Mow believes Bitcoin could reach $1 million faster than expected. According to Mow, Bitcoin’s value could rise to the million mark by 2031. Speaking on X, he explained that the token could quickly surge, especially now that the White House is backing it. He even cited one of the White House X posts promoting the token: “America will be the Bitcoin superpower of the world. The Golden Age of America has BEGUN!” Mow expects Bitcoin to reach $1 million by 2031 with the White House’s support In another X post, Mow insisted that Bitcoin’s uptick in performance happened faster than everyone thought it would, predicting that the same will continue in the coming years. With the White House’s current support for the token, Mow expects that Bitcoin could see an easy and fast run to $1 million. He even agreed with another X user who said his prediction of $1 million by 2031 is conservative. On Thursday, President Donald Trump signed an executive order authorizing the creation of a strategic bitcoin reserve — and a separate US stockpile of other digital assets. He has maintained that they remain focused on obtaining Bitcoin without drawing on taxpayers and even asked the US Treasury to identify budget-neutral approaches. For now, the government is counting on previously seized assets, roughly 200,000 BTC, to contribute to the reserve. The White House’s current stance is that it will not sell its BTC holdings and will establish the USA as the global Bitcoin superpower. Donald Trump told some of the leading cryptocurrency players on Friday that he is keeping his promises and will continue giving the industry what it wants. “I promised to make America the bitcoin superpower of the world and the crypto capital of the planet, and we’re…
Filed under: News - @ March 9, 2025 7:13 am