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📰 News11 March 2026·2 min read·

Bitcoin Needs 17% of Store-of-Value Market to Reach $1M: Bitwise

Source: cointelegraph

Bitwise CIO Matt Hougan argues that Bitcoin could realistically reach $1 million per coin within 10 years by capturing just 17% of the global store-of-value market. Hougan notes this does not require Bitcoin to take 50% of gold's market share, making the target more achievable than commonly assumed. The analysis frames Bitcoin's path to $1M as a gradual displacement of traditional value-storage assets.

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