Islamabad, Apr 27, 2025: Ark Invest, an investment firm based in Florida, has significantly raised its long-term price projection for Bitcoin. The company now predicts the cryptocurrency could reach up to $2.4 million per coin by 2030, according to a report by Decrypt.
This revised forecast was detailed in a new report published on Thursday, which incorporated fresh modeling data reflecting Bitcoin’s active supply.
The report highlights that about 40 percent of Bitcoin’s total supply is effectively out of circulation.
This factor has led to a 40 percent upward revision in Ark’s price projections compared to earlier models. With this adjusted approach, Ark foresees a bearish scenario where Bitcoin could drop to $500,000 per coin, while the more optimistic outlook envisions a value of up to $2.4 million.
Key factors driving Bitcoin’s potential appreciation include its emerging status as “digital gold,” growing interest from investors in emerging markets seeking safe-haven assets, and an increasing number of corporations diversifying their treasury holdings with Bitcoin.
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Other industry leaders have also forecast substantial long-term growth for Bitcoin.
Michael Saylor, Chairman of MicroStrategy, believes Bitcoin could soar to $13 million within the next two decades.
Similarly, Coinbase CEO Brian Armstrong anticipates that Bitcoin could reach “multiple millions” in value in the future.
Bitcoin briefly exceeded $95,000 early on Friday, its highest price in two months, though it still falls short of its January high, which neared $109,000.
