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2277: $1M Bitcoin Is Inevitable - Bitwise CIO Explains Why
Mar 11, 2026
· 23m
<p class="p1">Is <strong>$1 million Bitcoin inevitable?</strong></p> <p class="p1">According to Bitwise CIO Matt Hougan, the path toward a $1M BTC price becomes plausible if Bitcoin captures just a small portion of the global <strong>store-of-value market.</strong> With gold's market cap exceeding $36 trillion and Bitcoin's supply permanently capped at 21 million coins, even modest capital rotation could trigger a dramatic repricing of the asset.</p> <p class="p1">At the same time, other major valuation models are reinforcing the bullish case. The widely discussed <strong>Stock-to-Flow …
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