Samson Mow, CEO of Bitcoin-focused firm JAN3, believes Bitcoin is on the brink of an explosive price surge that could make it inaccessible to the average investor.
In a discussion with Anna Tutova, he highlighted how governments worldwide are beginning to recognize Bitcoin’s potential as a reserve asset, which could significantly drive up its value.
He pointed to the Czech National Bank as an example, noting that rather than merely researching the idea, they are actively putting Bitcoin reserves to a vote—an indication of how quickly adoption is accelerating.
Mow warned that governments that hesitate to secure Bitcoin holdings now may soon find themselves unable to afford meaningful reserves.
He cited Vancouver Mayor Ken Sim’s push to include Bitcoin in the city’s financial strategy, framing it as a move to ensure long-term prosperity. However, he cautioned that bureaucratic hurdles could slow down adoption, making it difficult for governments to act before Bitcoin’s price surges beyond reach.
Looking ahead, Mow sees the potential for Bitcoin to hit $1 million in 2025, emphasizing that those who fail to act now may regret missing out on what he views as a rapidly closing window of opportunity.
A Bitcoin wallet that had been inactive for over a decade has recently been reactivated, attracting attention from the blockchain tracker Whale Alert.
Crypto analyst Michaël van de Poppe has outlined two possible scenarios for Bitcoin and altcoins in the coming months, each with drastically different outcomes.
Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, has revealed its growing exposure to Bitcoin through BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF), as indicated in recent 13F form filings.
Wisconsin’s state pension fund has made a significant move into Bitcoin, increasing its holdings to approximately $321 million, according to recent regulatory filings.