The post Anthony Scaramucci on Bitcoin Price Prediction: $1.5 Million in 15 Years appeared first on Coinpedia Fintech News
Despite geopolitical tensions in the Middle East and rising oil prices, billionaire investor Anthony Scaramucci has made a bullish prediction for Bitcoin, saying the asset could eventually reach $1.5 million per coin. Speaking on the PBD Podcast, the founder of SkyBridge Capital revealed that Bitcoin remains his biggest investment position.
“Bitcoin is my biggest position … and I recently added,” Scaramucci said during the discussion, indicating continued confidence in the digital asset despite market volatility.
His vision is based on the belief that Bitcoin will gradually become a global store of value, directly competing with traditional assets such as gold.
The $1.5 million Bitcoin thesis
Scaramucci explained that his price target is based on Bitcoin eventually reaching the market capitalization of gold. If Bitcoin matches gold’s valuation, the total cryptocurrency market could reach tens of trillions of dollars, at a price close to $1.5 million per BTC ($71,080.00 · Live).
However, he stressed that this change will take time.
“I think it’s going to be a market capitalization of gold, but I think it’s going to take about 15 years to get there. It’s not going to happen overnight,” he said.
According to Scaramucci, bitcoin’s fixed supply of 21 million coins uniquely positions it to absorb the growing demand as investors seek alternatives to traditional currencies.
- Also read:
- Will 10,000 XRP ($1.40 · Live) be enough for financial freedom in 2026? Analysts say no
- ,
Institutional buying tightens supply
Further, he also noted that large institutions are constantly hoarding Bitcoin. Scaramucci pointed to the aggressive buying by Michael Saylor and his company Strategy, which shows how institutional demand affects supply dynamics.
At times, Saylor’s company would buy more Bitcoin than the network produces each day through mining, crowding out the existing supply in the market.
Bitcoin mining produces about 450 new BTC per day, but large buyers are accumulating at an even faster rate. This imbalance between supply and demand may become a major factor in price increases in the future.
Why the next generation could take Bitcoin higher
Scaramucci also believes that the biggest wave of Bitcoin adoption could come from young investors in the next decade. As wealth is passed down to digital native generations, he expects Bitcoin to become a more accepted financial asset.
He argued that declining trust in traditional fiat systems could further strengthen Bitcoin’s role as a decentralized store of value.
In his opinion, the long-term transition to digital assets is just beginning, and if adoption continues, bitcoin could eventually emerge as one of the world’s largest financial assets.
Never miss a beat in the crypto world!
Stay ahead of the curve with breaking news, expert analysis and real updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs and more.
Questions
He says that a fixed supply of 21 million bitcoins and increasing global demand could push its market cap to the level of gold, possibly pushing the price of one BTC to $1.5 million.
Heavy buying by companies like MicroStrategy and investors like Michael Saylor could reduce the market’s supply and support the upward momentum.
Growing adoption among young investors and institutions can increase liquidity, volatility and long-term trends in the Bitcoin market.
