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The year 2025 is fast approaching and industry commentators are busy offering their two satoshis about the future.
Given the numerous price predictions as Bitcoin hits new all-time highs, we will deviate from them this time.
A stock price expectation: According to Bitwise, Coinbase (~$324 as of midday Monday) will hit $700, surpassing Charles Schwab as the “most valuable broker in the world.”
The investment firm correctly predicted MicroStrategy’s inclusion in the Nasdaq 100 index (announced Friday evening) and expects COIN to be included in the S&P 500 next year.
BLOK portfolio manager Dan Weiskopf told me he believes MSTR’s promotion to that index in 2025 could be “a reach.” Nevertheless, it is only a matter of time, he says.
Weiskopf and the team at Amplify ETFs presented a “fun hypothesis” (should BTC move above $200,000) that MSTR could one day have a larger weighting in the S&P 500 than Bank of America.
VanEck’s Matthew Sigel and Patrick Bush further wrote that President-elect Trump’s appointments — Howard Lutnick, David Sacks, Paul Atkins, etc. — “signal the beginning of a policy framework that positions Bitcoin as a strategic asset.”
What they really mean: The national Bitcoin reserve, Senator Cynthia Lummis of Wyoming, went public earlier this year.
When asked about the emergence of a US cryptocurrency reserve, Trump himself told market forecaster Jim Cramer: “Yes, I think so.”
He added: “We are going to do something great with crypto. …Others embrace it and we want to be the head.”
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