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Jake Simmons

EMJ Capital CEO Eric Jackson Says Bitcoin Could Reach $50 Million by 2041

EMJ Capital CEO Eric Jackson has laid out a long-term scenario in which Bitcoin’s price could climb to $50 million per coin by 2041, tying the projection to his view that it will evolve into a core collateral asset for the global financial system. Drawing on the same "hundred bagger" framework he previously applied to distressed stocks such as Carvana, he argues that Bitcoin’s digital, programmable and apolitical design could eventually support sovereign borrowing. He contends that if Bitcoin came to underpin the sovereign debt market, its price would need to trade far above its current level of $91,574.
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