The cryptocurrency market is gripped by speculation that Bitcoin (BTC) could climb to $1 million per coin if the U.S. purchases 1 million BTC. The Bitcoin Policy Institute predicts this could reshape global markets, pushing Bitcoin’s price to historic levels. This article examines the proposal’s implications, the factors driving this bold prediction, and its significance for crypto investors in 2025.
Strategic Bitcoin Reserve Proposal
The U.S. acquiring 1 million BTC is proposed in a bill by Senator Cynthia Lummis (R-WY), requiring the U.S. Treasury to buy this amount over five years and hold it for 20 years. At Bitcoin’s April 2025 price of $83,500, this would cost $83.5 billion, or 5% of Bitcoin’s 21 million coin supply. The plan supports President Donald Trump’s March 6, 2025, Executive Order creating a Strategic Bitcoin Reserve (SBR) to lead in crypto.
Zak Shapiro of the Bitcoin Policy Institute stated, “A U.S. buy of 1 million BTC would shock the world, driving Bitcoin’s price to $1,000,000.” X users echo this, anticipating a price surge from institutional demand and market sentiment.
Why $1 Million? Supply Dynamics
Bitcoin’s 21 million coin limit underpins its scarcity-driven value. A U.S. purchase of 1 million BTC would slash circulating supply, likely sparking investor frenzy. The Bitcoin Policy Institute suggests this would position Bitcoin as a reserve asset like gold, with a $21 trillion market cap. If Bitcoin rivals gold’s value, a $1 million price is feasible.
Eric Trump, at the Bitcoin MENA event in Abu Dhabi, praised Bitcoin’s scarcity and decentralization, forecasting a $1 million price. Industry leaders like Michael Saylor of MicroStrategy and Cathie Wood of ARK Invest concur. MicroStrategy’s 478,740 BTC ($46 billion in February 2025) shows institutional buying’s price impact.
Market and Global Impact
A U.S. purchase would likely trigger a supply shock. With 19.7 million BTC mined and many held long-term, a 1 million BTC demand could strain markets. IntoTheBlock data shows “whales” accumulating BTC, with $220 million in daily exchange outflows, indicating strategic moves.
Globally, U.S. adoption of Bitcoin as a reserve could prompt other nations to act. North Korea’s 13,562 BTC ($1.14 billion) ranks third behind the U.S. (198,109 BTC) and UK (61,245 BTC). A global BTC race could amplify price momentum.
Risks and Challenges
Despite optimism, risks include regulatory uncertainty, trade tensions, and volatility. Tariffs recently caused a 5.75% BTC drop to below $75,000 in a day. Critics warn a $1 million price could widen crypto wealth gaps or fuel bubbles.
Acquiring 1 million BTC is logistically challenging. Limited liquidity could cause price spikes, disrupting platforms. Investors should research thoroughly before acting on this speculative scenario.
Investor Next Steps
Bitcoin reaching $1 million relies on the U.S. executing this plan. If successful, it could redefine Bitcoin as a global reserve asset, attracting broad investment. BTC’s stability at $83,500 and institutional interest signal market maturity.
Crypto investors should track Senator Lummis’s bill and SBR developments. Platforms like Telegram and X offer insights from industry leaders. Whether a trader or newcomer, the potential for Bitcoin to hit $1 million in 2025 is a trend to watch.
