Analyst Adam Livingston forecasts that Metaplanet could overtake Toyota in market value by 2030, driven by strategic Bitcoin acquisitions. Livingston predicts Metaplanet will acquire 210,000 BTC by 2027, with Bitcoin prices reaching $1 million each, potentially valuing Metaplanet at $315 billion with a 1.5x premium. This projection aligns with bullish sentiments from other analysts, including Dan Tapiero, who also anticipates a $1 million Bitcoin price, albeit on a different timeline.
The optimistic outlook is bolstered by strong institutional demand for Bitcoin, highlighted by a $1 billion inflow into BlackRock’s IBIT ETF within 24 hours. Such trends suggest a growing confidence in Bitcoin's long-term value, supporting predictions of significant market shifts by the end of the decade.
Metaplanet Projected to Surpass Toyota in Market Value by 2030
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.