Corporate Bitcoin holdings, often financed by convertible notes and preferred shares, face maturity and dividend pressures that can force companies like Strategy and Bitdeer to sell BTC, impacting market supply regardless of long-term price beliefs.
Matthew Sigel of VanEck said Bitcoin could reach $1 million by the next US Presidential term. That puts a 1,150% increase as a 2031 target inside a market that is still trying to prove it can hold the $80,000 area. CryptoSlate's Bitcoin page shows BTC near $80,200 on May 9, with a market capitalization near […] The post Second Bitcoin ETF issuer predicts BTC hitting $1M – but cuts timeline to within the next US Presidential term appeared first on CryptoSlate.
VanEck’s Matthew Sigel says Bitcoin may reach $1 million in five years, comparing adoption trends to the video game industry’s shift to mainstream use.
