Adam Back Forecasts $1 Million Bitcoin By 2029-2030

Blockchain expert and Blockstream CEO, Adam Back, has released a bold prediction for the future value of Bitcoin. He believes that the leading cryptocurrency could reach a staggering $1 million within the next five years, fueled by institutional interest and the growing recognition of Bitcoin as a ‘hard money’ asset. Speaking at the Bitcoin 2025 conference, Back outlined his optimistic vision based on increasing adoption by major financial institutions. He noted that Bitcoin’s unique characteristics – its limited supply, decentralized nature, and resistance to censorship – are driving interest from large players, paving the way for significant institutional investment.