VanEck projects one bitcoin could reach $2.9 million by 2050

Asset manager VanEck projects a single bitcoin could be worth $2.9 million by 2050.

The firm’s base-case scenario assumes bitcoin gains traction as a settlement tool and a reserve asset over the next 25 years.

That valuation is presented as VanEck’s base case and rests on the assumption of broader adoption in settlement and reserve roles over the coming quarter-century.

Key Topics

Crypto, Vaneck, Bitcoin, Reserve Asset, Settlement Tool