Bitcoin Could Hit $2.9 Million by 2050, VanEck Says
VanEck projects Bitcoin could reach $2.9 million by 2050 under a base-case scenario, assuming significant global trade and reserve asset adoption.Summary
VanEck's recent report on Bitcoin's long-term capital market assumptions projects a base-case price of $2.9 million per coin by 2050, representing a 15% compound annual growth rate (CAGR). This projection relies on Bitcoin capturing 5–10% of global trade and becoming a reserve asset representing 2.5% of central bank balance sheets. The report also outlines a conservative scenario of $130,000 and a bullish "hyper-bitcoinization" scenario reaching $53.4 million. VanEck emphasizes Bitcoin's role as a low-correlation strategic asset for institutional portfolios, recommending allocations between 1% and 3% for diversified portfolios to improve efficiency and Sharpe Ratios. The firm argues that Bitcoin's risk of zero exposure may now outweigh its volatility risk, positioning it as a hedge against monetary debasement.
(Source：Bitcoin Magazine)