Will Bitcoin reach one million dollars? BTC MINER CEO 2030 Approval – Tradingview News shares

The price of the cryptocurrency market may reach that the price of Bitcoin (BTC) reaches an unprecedented milestone of a million dollars per currency by 2030, which is likely to match the current market value of gold of $ 19.3 trillion, according to a bold prediction of a prominent executive official .

Bitcoin CEO predicts a million dollars by 2030

Daniel Roberts, founder and head of the IRN CEO

Daniel Roberts, founder and CEO of Wall Street Bitcoin Iren (Nasdaq: Iren), argues that Bitcoin’s features are superior as a digital store, as well as increased institutional adoption, the value of the encoded currency can pay for new horizons.

“If you are thinking about the historic price of Bitcoin, I will be surprised if we are not at a million dollars by 2030, given that the traded investment boxes and institutional purchase are now,” as expected Roberts, and LiveWire markets.

The cryptocurrency, which is currently being traded about $ 100,000, has recorded a gain of 120 % over the past year, as traditional assets outperformed with the increasingly embracing Wall Street giants.

The current price of Bitcoin. Source: CoinmarketCap.com

Why can bitcoin leave gold in dust

Roberts, a former Macquarie banker, is also a blatant comparison between Bitcoin and Gold, similar to the relationship with “Digital versus analog” or “Netflix versus Blockbuster”.

“Bitcoin is better in gold, more than gold.” “From scarcity, the easiest transfer, and the easiest partition. Therefore, all of these characteristics that give golden value, bitcoin objectively in.”

Meanwhile, gold recently reached a record of $ 2840 an ounce, driven by fears of inflation and increased material demand, as shown in registered future trading volumes in February 2025.

Bitcoin Prive against the price of gold. Source: TradingView.com

Irene opposite Bitcoin

Richardson, IRN, which runs the data centers for Bitco Mining services and artificial intelligence services, attracted investments from major financial institutions including fidelity, Invesco and Citadel.

Although the shares of the mining company are an indirect exposure to Bitcoin to investors, the previous IRIS Energy shares did not rise dynamically like the oldest encrypted currency in the world. In 2024, they gained 37 %, but currently, they rose slightly less than 13 %.

IRN, like the entire cryptocurrency industry, face challenges. The standard BTC prices come with a rapid increase in mining, which increases the cost of one bitcoin production. Companies are able to move less due to the high retail rate, while high maintenance costs eat in their margins.

Irene’s struggles became clear in mid -2013 when the company reported a loss of $ 29 million. While this is a sixteen times a reduction in debt from $ 172 million, which was reported a year ago, it highlights the difficulties of coding mining.

In response, the company decided to join the increasing trend of artificial intelligence by reusing its data centers to support high performance computing. However, she faced a collective lawsuit claiming to distort its future capabilities and prospects for investors.

Will Bitcoin reach one million dollars? Experts predict 2025 and beyond

The possibility that Bitcoin will still reach a very expected amount of a million dollars, a subject of intense speculation. According to Jeff Park, Head of Alpha Strategies at BitWise Asset Management, one of the main stimuli Bitcoin can push this landmark: Creating a strategic reserve by the US government bitcoin. However, the possibility of such an initiative that is achieved in 2025 is less than 10 %.

“The idea of ​​the strategic reserve of the Federal Bitcoin, which occurs in 2025, is 10 % less than an opportunity event,” Park commented on X (previously Twitter). “These are the only mathematics that Bitcoin can reach 1 mm+ in 2025 when this happens.”