VanEck projects Bitcoin could reach $2.9 million by 2050 in long term outlook

Global investment management firm VanEck projects that Bitcoin could achieve a valuation of $2.9 million by 2050, driven by its increasing adoption as a global settlement asset and a reserve holding for central banks. The firm's long-term capital market assumptions model a base case annualized return of 15% over a 25-year horizon, expecting Bitcoin to settle 5% to 10% of global trade and constitute about 2.5% of central bank balance sheets by mid-century. VanEck frames Bitcoin as a non-sovereign reserve asset whose value accrual is tied to structural pressures in the global debt system rather than short-term speculation. Consequently, the firm suggests that the opportunity cost of holding no Bitcoin exposure may now surpass the volatility risk, recommending a strategic allocation of 1% to 3% for diversified portfolios, with higher allocations possible for risk-tolerant investors.

(Source：Crypto Briefing)