Coinbase CEO Brian Armstrong has projected that Bitcoin could reach $1 million by 2030, attributing his long-term bullish outlook to increasing regulatory clarity in the United States and the potential for global adoption of Bitcoin reserves.
Speaking in an interview Wednesday with Stripe co-founder John Collison, Armstrong was asked for his 10-year outlook on the cryptocurrency market. “The rough idea I have in my head is, we’ll see a million-dollar Bitcoin by 2030, and there’s high error bars around these things,” he said.
Armstrong’s optimism is rooted in recent policy developments, particularly the GENIUS Act, which created a framework for dollar-backed stablecoins. He also pointed to ongoing debates in the U.S. Senate around a broader crypto market structure bill, noting, “Fingers crossed something could happen by the end of this year.”
He further emphasized the importance of a Strategic Bitcoin Reserve—a concept now backed by an executive order. “If the U.S. does that, other countries will follow,” Armstrong predicted, suggesting such moves could accelerate global recognition of Bitcoin as a reserve asset.
Armstrong has long championed Bitcoin’s role as a potential global reserve currency, especially in light of growing fiscal deficits and rising distrust in fiat systems. His $1 million prediction aligns with other bullish forecasts in the financial world.
Earlier this year, SkyBridge Capital’s Anthony Scaramucci projected BTC could hit $180,000–$200,000 by year-end, while Miller Value Partners CIO Bill Miller IV forecasted a $175,000 target, fueled by expected inflows from retirement portfolios.
As of Thursday, Bitcoin was trading at $114,002, up 0.43% on the day and nearly 22% year-to-date, according to Benzinga Pro.
While Armstrong acknowledged uncertainty, his $1 million forecast underscores growing institutional confidence in Bitcoin amid an evolving regulatory landscape—signaling a potential redefinition of global monetary frameworks by the end of the decade.
