recently Social Media PostsAdam Back has expressed the opinion that even BlackRock’s 2% allocation recommendation could boost Bitcoin’s price to the $1 million mark.
This means that some of the largest asset managers actually stick to their allocation rates.
This corresponds to a recent statement made by Strategy co-founder Michael Saylor, who predicted that if Wall Street gains 10% exposure to major cryptocurrencies, Bitcoin would be $1 million per coin.
Saylor, whose company is known as the largest corporate holder of major cryptocurrencies, has recently predicted that the price of major cryptocurrencies could reach $13 million by 2045. Such goals are achievable in the case of increased institutional demand.
Buck, famously quoted in the Bitcoin white paper, previously stated that the prices of major cryptocurrencies could reach $1 million during this cycle.
Recently, British Cyberpunk has urged Musk to allocate a higher percentage of his net worth to Bitcoin.