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Bitfury executive George Kikvadze reaffirmed his long-term bullish outlook on Bitcoin (CRYPTO: BTC), predicting the world’s largest cryptocurrency can eventually reach $1 million.
What Happened: In a CNBC interview on Friday, Kikvadze cited growing government spending concerns and rising institutional adoption as catalysts for Bitcoin’s surge.
Having entered Bitcoin at roughly $20, he has consistently advocated buying across a wide range, from $20 to $120,000, citing BTC’s scarcity and long-term value.
He predicts Bitcoin could reach $1 million and ultimately $10 million, emphasizing that timing is secondary to holding the asset.
Reflecting on Bitfury’s history, Kikvadze shared that…
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