6 Reasons Why Bitcoin Will Hit $1,000,000 by 2030, According to Experts

Bitcoin (BTC-USD) adoption has reached an inflection point that makes million-dollar prices not just possible, but inevitable. 

Retail adoption is continuing to grow. The number of bitcoin wallets holding at least $100 has reached levels close to historical highs. In January 2024, around 24 million of these wallets existed, and this number climbed to nearly 30 million in 2025, marking a 25% increase in one year. 

Bitcoin miners activity also continues to rise, and the network’s security has never been stronger. With the bitcoin mining hashrate exceeding 1,000 exahashes per second (EH/s) in August 2025, up 50% from the previous year, the network security has reached unprecedented levels.

However most significantly, governments worldwide are legitimizing Bitcoin as a strategic asset. Not only does the United States Government hold a significant amount of BTC (190,000 $BTC), but President Trump has signed an executive order recognizing Bitcoin as a strategic reserve asset, and incoming legislation is about to change everything: The U.S., as the dominant superpower of the world, is set to acquire 1,000,000 BTC over the course of the next 5 years in order to maximize BTC’s strategic position as a unique store of value in the global financial system. 

The implications are profound – for both global demand, and the brewing supply crunch.

Bitcoin’s Supply Crunch: Not Enough for Everyone

Here’s where the math gets interesting. We need to distinguish between Bitcoin’s total supply and actual liquidity. 

Of the theoretical 21 million Bitcoin that will ever exist, an estimated 2-4 million are assumed to be permanently lost. Of them, 800,000-1,000,000 are assumed to be held by Satoshi Nakamoto, Bitcoin’s pseudonymous “lost” founder. 

On top of that, approximately 80% of the coins are held by long-term holders who refuse to sell at current prices and haven’t moved their coins in many years.

This leaves only a few million Bitcoin actually available to be purchased by new and existing investors and users, as demonstrated by exchange liquidity. Only around 2 million BTC are held on exchanges and available for spot trading, primarily serving retail demand. Over-the-counter (OTC) desks, which handle institutional flows, are experiencing unprecedented demand pressure. New whales, wallets holding 1,000+ BTC with coins aged under six months, have doubled their holdings to 1.1 million BTC since March 2025. 

This 600K BTC surge, which is around $71 billion, now represents 5.6% of the total supply, indicating intensified fresh capital inflows – mainly from institutional investors.

The situation gets more dire when we consider new supply entering the market. The April 2024 Bitcoin halving cut new supply issuance to ~900 BTC/day, and in 2028, this will halve again to just 450 Bitcoin per day. That’s roughly 164,000 new Bitcoin annually – not even enough to satisfy one major institutional buyer.

In order for you to grasp the full scope of how big the supply crunch is, BlackRock’s IBIT ETF (IBIT) alone, launched in January 2024, now holds almost 740,000 BTC. That’s an average of 1,287 BTC acquired per day, already above the ~900 newly mined coins. When you add Strategy’s (MSTR) acquisitions to the equation, that’s another ~440,000 acquired over the same time period, or 763 per day. 

The supply and liquidity constraints make it the perfect storm for the booming demand to send the price skyrocketing.

The Demand for Bitcoin: Everything, Everywhere, All at Once

The ״orange pill״ has reached governments and sophisticated investors who now understand Bitcoin’s role as digital gold and as true competition to fiat money. 

But here’s the sobering reality: if every millionaire in the world wanted to hold just 1 Bitcoin, it would be mathematically impossible. With approximately 56 million millionaires globally and only 21 million Bitcoin that will ever exist (not to mention the millions already lost), the supply-demand imbalance becomes clear. 

When you add the demand that’s kicking in from governments, corporations, small & medium businesses and retail – all simultaneously coming to the conclusions they wish to hold BTC on their balance sheet and to hedge against the existing monetary system – the imbalance becomes significantly greater.

This realization alone, I believe, will trigger massive FOMO as individuals and institutions race to secure their positions.

The U.S. Government’s Bitcoin Arms Race

The BITCOIN Act proposed by Sen. Cyntia Lummis would initiate a bitcoin purchase program with the goal of the U.S. acquiring a total stake of approximately 5% of total bitcoin supply — 1 million bitcoins, worth about $120 billion in today’s prices. The bill directs the Treasury Department to purchase 200,000 bitcoins per year for five years in order to reach that goal. This isn’t just policy – it’s a declaration of war on scarcity.

The signal this sends to other governments is unmistakable: Bitcoin is now a strategic national asset. Countries worldwide will not only join this race but will likely print their own currencies to acquire Bitcoin, potentially causing fiat currency debasement in the process. 

As of March 2025, El Salvador has over 6102 BTC in its reserves (worth $720 million at the time). We’re seeing similar movements across multiple nations and U.S. states, with Abu Dhabi’s sovereign wealth fund holding a stake of more than $680 million via ETFs, and China holding over 190,000 BTC as well.

The Stablecoin Multiplication Effect

The stablecoin market represents one of Bitcoin’s most underestimated demand drivers. Citigroup Inc. analysts project it could grow to $3.7 trillion by 2030 from today’s approximately $265 billion market. This isn’t just growth – it’s a complete transformation of how digital money flows work.

“Stablecoins represent a revolution in digital finance,” said U.S. Secretary of the Treasury Scott Bessent in a recent statement. “This groundbreaking technology will buttress the dollar’s status as the global reserve currency, expand access to the dollar economy for billions across the globe, and lead to a surge in demand for US Treasuries, which back stablecoins.”

The demand for stablecoins grows along with the demand for non-stablecoin crypto assets (as proxied by Bitcoins). As stablecoins become the rails for international commerce, trade settlement, and institutional treasury management, they create constant buying pressure for Bitcoin. Every stablecoin transaction, arbitrage opportunity, and institutional flow ultimately increases Bitcoin’s velocity and value.

Remarkably, if Tether and Circle were to maintain their current market shares and their allocations to U.S. Treasury securities, together they could hold more than $660 billion in U.S. Treasuries, coming close to China’s current holdings of $772 billion by 2030. This makes stablecoin issuers among the largest potential holders of U.S. government debt, creating a direct financial link between Bitcoin adoption and U.S. monetary policy.

If stablecoins grow 15X, the path for Bitcoin to grow 10X is becoming very clear.

Corporate Bitcoin Treasuries: The (Micro)Strategy Effect

The corporate treasury movement is just beginning. The rise of so-called crypto treasury companies have provided altcoins with a boost. This new wave of public companies, modeled on Michael Saylor’s Strategy, have been issuing equity and debt to buy various tokens as investments. Strategy alone holds over 630,000 Bitcoin, and this strategy is being replicated across industries.

Companies are discovering they can essentially attack fiat currency by borrowing dollars at low interest rates to buy Bitcoin – a deflationary, scarce asset. This creates a positive feedback loop where corporate success with Bitcoin strategies encourages more companies to adopt similar approaches, further reducing Bitcoin’s available supply.

With Tesla (TSLA), Block (SQ), Marathon Digital (MARA), Bullish (BLSH), Riot Platform (RIOT), Coinbase (COIN), Metaplanet (MTPLF) and Nakamoto already holding tens of thousands of BTC, it is only a matter of time until the cash-abundant companies like Microsoft (MSFT), Apple (AAPL), Google (GOOGL) and more – begin to stockpile BTC.

The Pension Fund Tsunami

Perhaps the most explosive demand catalyst is institutional pension adoption. US pension funds manage an estimated $40 trillion on behalf of their clients. When Trump expedited the regulatory process for institutional pension managers to hold Bitcoin, he unlocked the largest pool of investment capital in the world.

If just 1-3% of pension assets are allocated to Bitcoin – a conservative diversification move for any modern portfolio – we’re talking about $400 billion to $1.2 trillion in new demand. But the real impact comes from passive flows: bi-weekly 401(k) deposits that will now automatically allocate to Bitcoin purchases would absorb Bitcoin’s entire daily issuance of new coins almost immediately, creating sustained buying pressure that dwarfs anything the market has previously experienced.

Geopolitical Risk Premium

We’re living in an unprecedented era of geopolitical instability. With active conflicts in Ukraine and tensions with Iran, plus the growing risk of broader conflicts such as a Chinese invasion to Taiwan, government debt levels are exploding just as military spending reaches new heights. Government debt-to-GDP ratios are already at historic levels, with deficits growing and the potential for sovereign defaults higher than ever.

If Bitcoin becomes priced as gold once was – as a credit default swap (CDS) insurance against government failure – that alone could justify valuations exceeding $1.5 million. In a world where trust in government institutions is eroding and monetary systems are failing, Bitcoin represents the only truly neutral, decentralized store of value that can’t be printed, seized, or manipulated by any single government. However unlike gold, it can move between borders easily and cheaply, including in big amounts.

The Bitcoin Stars Are Aligning

To summarize, every major trend in finance, technology, and geopolitics is converging to create unprecedented demand for an asset with mathematically limited supply. We have:

• Supply: Only 21 million Bitcoin ever, with 74% illiquid and new issuance halving every four years
• Government demand: US targeting 1 million Bitcoin, other nations following suit
• Institutional demand: Pension funds with $40 trillion in assets beginning allocation
• Corporate demand: Treasury strategies driving sustained corporate buying, including with leverage
• Stablecoin demand: $3.7 trillion market by 2030 creating constant Bitcoin buying pressure
• Geopolitical demand: Bitcoin as insurance against failing government monetary systems

The convergence of these forces makes $1,000,000 Bitcoin by 2030 not just possible, but mathematically probable. We’re not just witnessing another bull market – we’re watching the birth of a new monetary system where Bitcoin becomes the ultimate reserve asset for individuals, corporations, and nations alike.

The only question isn’t whether Bitcoin will reach $1,000,000, but whether you’ll secure your position before the supply runs out.