Bitcoin Will Reach $1 Million ‘Violently' Within Months, Says Jan3 CEO

Bitcoin advocate Samson Mow, CEO of JAN3, has reiterated his prediction that Bitcoin will reach $1 million by 2025.
He noted that this surge won't be gradual but rather a rapid escalation occurring over weeks or months.
'If you look at the failure of fiat currencies, they don't gradually fail. They fail spectacularly. And this is the premise behind the 1 million Bitcoin call that is not going to be a gradual, slow increase to $1 million a coin, but rather a very short and violent upheaval that sends us there in a matter of months, weeks to months,' he said in a podcast.
Mow points to the increasing involvement of nations in Bitcoin mining as a key indicator of this impending 'hyperbitcoinization.'
Hyperbitcoinization refers to a scenario where Bitcoin becomes the dominant global currency, replacing traditional fiat currencies as the primary medium of exchange and store of value.
He cites Bhutan's Bitcoin holdings, accumulated through mining over the past few years, as a prime example. 'If this is not an indication that hyperbitcoinization is coming, I'm not really sure what is,' Mow asserts.
He also anticipates that countries will soon issue sovereign debt to acquire Bitcoin, drawing parallels to MicroStrategy's strategy of leveraging debt to purchase the cryptocurrency. 'It's just simply a matter of time before a country pulls that trigger and unleashes a torrent of sovereign debt to acquire Bitcoin,' Mow predicts.
As of Feb. 11, Bitcoin is trading at approximately $96,831, reflecting a 0.88% increase from the previous day and a substantial 102.1% rise from its price of $48,189.88 one year ago.
Over the past month, Bitcoin has experienced a 2.39% increase, opening at $93,756.77 and reaching a high of $108,786 on Jan. 20.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Gulf Insider

8 hours ago

• Gulf Insider

Strategy's Michael Saylor Raises Bitcoin forecast

Bitcoin bull and Strategy founder Michael Saylor has doubled down on the long-term value of BTC amid fast-changing geopolitical and cryptocurrency adoption took the stage with a keynote speech at the BTC Prague 2025 event on Saturday, predicting that the price of Bitcoin would hit $21 million in 21 years. 'I think we're going to be $21 million in 21 years. It's a very special time in the network. Maybe the one time in the history of the network where you look out 21 years and you see $21 million,' Saylor stated. Source: Michael Saylor Saylor's latest bullish Bitcoin prediction is a massive increase from his previous forecast made at the Bitcoin 2024 conference in Nashville last year, when he predicted that Bitcoin would hit $13 million by 2045. In the keynote, Saylor reasoned his growing bullishness on the Bitcoin market with many geopolitical, regulatory and adoption developments, which he said nobody conceived last year. 'Stuff that's happened in the past 11 months has been extraordinary. The White House has embraced Bitcoin. This is an extraordinary development. We didn't anticipate this,' Saylor said. Saylor emphasized that he has always been bullish on Bitcoin, even when it plummeted to $16,000 in the last crypto winter, but Donald Trump's presidential victory last November 'brought a sea change in politics,' he stated. Michael Saylor at the BTC Prague on June 21, 2025. Source: Trezor 'Although we thought we might have a pro-Bitcoin president, we didn't think we'd get a strategic Bitcoin reserve. We didn't think that the president would say America would be the Bitcoin superpower of the world. This is an amazing development,' Saylor added. The Strategy founder also mentioned growing regulatory and legislative developments around crypto, referring to three crypto-related bills progressing in the US, including the stablecoin-focused Genius Act, the Digital Asset Market Clarity Act and the Bitcoin Act. 'This is something nobody guessed, no one conceived of a year ago. States in the United States are embracing Bitcoin,' Saylor said. Also read: Coinbase CEO Fears Bitcoin Replaces Dollar If US Debt Grows As Elon Musk Calls For Firing Of 215 Republicans

Daily Tribune

09-06-2025

• Daily Tribune

Bahrain Builds Crypto Hub

TDT | Manama As Bitcoin rebounds globally, Bahrain is quietly building its own digital gold rush. Supported by progressive regulation and hightech infrastructure, the Kingdom is emerging as a serious contender in the global cryptocurrency mining market, and one Bahraini firm says it is only the beginning. Rising global role Crypto Miners, a company specialising in the sale, installation, and maintenance of mining equipment, says the sector's growing momentum within Bahrain is helping reinforce the Kingdom's position as a competitive regional hub with global potential. The company believes this development is also drawing more foreign direct investment into Bahrain's digital economy. 'Bahrain's financial ecosystem and regulatory clarity give us the ability to grow sustainably and export our services abroad,' said Wassim Saaduddin, Technical Sales Manager at Crypto Miners. He added that the Kingdom is uniquely placed to serve as a launchpad for international crypto operations, thanks to its policy stability and infrastructure. Infrastructure and awareness At the core of Crypto Miners' strategy is a vision to localise this high-tech industry, building critical infrastructure , training Bahraini talent , and supporting knowledge transfer. The company also sees awareness as essential to sustainable sector growth, and says it actively runs public engagement campaigns to help familiarise Bahrainis with digital currencies and blockchain. 'As part of our corporate social responsibility, we're committed to raising awareness about digital assets and creating safe, reliable investment pathways,' Saaduddin noted. Aligned with national vision Crypto Miners says its longterm efforts are in full alignment with Bahrain's Economic Vision 2030, which prioritises innovation, digital transformation, and sustainable growth. The company believes that positioning Bahrain as a regional and global leader in crypto mining is not only realistic, but already in progress. With firms like Crypto Miners anchoring the sector, Bahrain appears to be gaining traction in a space once dominated by much larger economies.

Biz Bahrain

08-06-2025

• Biz Bahrain

Crypto Miners: Cryptocurrency Mining in Bahrain Reinforces Its Global Industry Leadership

Crypto Miners, a leading company specializing in the sale, installation, and maintenance of cryptocurrency mining equipment, stated that the growing momentum of mining operations—particularly Bitcoin and other digital currencies—within Bahrain is significantly enhancing the kingdom's status as a competitive regional hub and an influential player in the global cryptocurrency market. This progress is also contributing to the attraction of increased foreign direct investment into this promising sector. The company highlighted that Bahrain's progressive financial ecosystem and well-structured legislative framework, coupled with a rising societal awareness of digital economy concepts, form a solid foundation for companies to enter and thrive in the cryptocurrency domain. Crypto Miners pointed out that Bahrain's balanced regulatory environment, supported by advanced tech infrastructure, provides an ideal foundation for the sustainable growth of the cryptocurrency mining sector. These conditions enable Bahraini firms not only to flourish locally but also to export their expertise and services to international markets. Mr. Wassim Saaduddin, Technical Sales Manager at Crypto Miners, underscored the company's ongoing support for the development of the cryptocurrency mining sector in Bahrain, noting that this commitment stems from a strong belief in Bahrain's potential to emerge as a global centre for digital currency mining. Mr. Saaduddin said, 'Crypto Miners operates under a comprehensive vision focused on localizing this high-tech industry, establishing the required infrastructure, and facilitating the transfer of knowledge through the training of skilled national talent.' Mr. Saaduddin further added, 'As part of its corporate social responsibility, Crypto Miners is committed to enhancing public awareness of digital currencies across various segments of Bahraini society. We actively engage in educational initiatives and awareness campaigns, while also striving to provide safe and reliable investment opportunities in the sector. Through our strategic efforts, we aim to contribute to positioning Bahrain as a regional and global leader in cryptocurrencies and blockchain technologies—an objective that fully aligns with the Kingdom's Economic Vision 2030, which prioritizes innovation and digital transformation.'