In a groundbreaking panel discussion at the 2025 Bitcoin Conference in Las Vegas, Blockstream CEO Adam Back and other industry leaders shared bullish predictions for Bitcoin’s future, with Back asserting that retail investors still have time to enter the market before a potential surge to $1 million.
The high-profile panel, which included Galaxy Digital’s Alex Thorn, Pantera Capital’s Dan Morehead, and 10T Holdings’ Dan Tapiero, focused on the evolving landscape of Bitcoin treasury companies and their role in driving institutional adoption. This discussion comes at a crucial time, as major corporations like GameStop have recently joined the Bitcoin treasury movement.
Bitcoin vs. Gold: A New Paradigm for Value Storage
Dan Tapiero, drawing from his experience in physical gold markets, emphasized Bitcoin’s superiority as a store of value: “I really have always believed in that physical ownership that the individual has the right and should be able to own his own asset… I think our focus today is further adoption and the elevation of Bitcoin.”
The Rise of Bitcoin Treasury Companies
Adam Back, whose company Blockstream pioneered the Bitcoin treasury model in 2014, explained the strategic advantage of companies adopting a Bitcoin standard: “Bitcoin is effectively the harder rate. It’s very hard to outperform Bitcoin… That’s why you get companies switching to the Bitcoin standard because it’s the only way for them to keep up with Bitcoin.”
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Price Predictions and Market Outlook
The panel’s price predictions were notably bullish, with:
- Dan Morehead: $750,000
- Dan Tapiero: $1,000,000
- Adam Back: “a million easy”
FAQ Section
Why do experts believe Bitcoin could reach $1 million?
Experts cite institutional adoption, Bitcoin treasury companies, and decreasing supply post-halving as key drivers for potential price appreciation.
What makes Bitcoin treasury companies significant?
Bitcoin treasury companies represent a new corporate strategy where businesses hold Bitcoin as a reserve asset, protecting against inflation and potentially outperforming traditional investments.
Is it too late for retail investors to buy Bitcoin?
According to Adam Back and other experts, it’s “still early” for retail investors to enter the market, suggesting significant upside potential remains.
Time to Read: 5 minutes
