The Coinbase CEO, Brian Armstrong, recently projected that Bitcoin could reach a valuation of $1 million by the year 2030, a forecast that reflects growing institutional interest and advancing regulatory clarity in the United States. This projection, shared during a 2025 interview on the “Cheeky Pint” podcast, aligns with similar predictions from other industry figures, such as ARK Invest CEO Cathie Wood, who anticipates Bitcoin reaching $1.5 million by the same year. Armstrong’s estimate, while described as a “rough idea,” is grounded in emerging trends including legislative developments, strategic government initiatives, and expanding investment vehicles.
Coinbase CEO Brian Armstrong envisions Bitcoin hitting $1 million by 2030 amid regulatory progress and institutional growth.
A significant factor contributing to Armstrong’s optimism is the recent regulatory progress in the United States, particularly the enactment of the GENIUS Act, which establishes a formal framework for stablecoins, and the pending Market Structure legislation expected to provide further clarity by year-end. These regulatory advancements are seen as a bellwether for other G20 nations, potentially reducing uncertainty and fostering an environment conducive to increased institutional participation. The formalization of crypto regulations is anticipated to encourage portfolio diversification, with institutions potentially allocating 5–10% of assets to cryptocurrencies, mainly Bitcoin. Moreover, the GENIUS Act helps create a comprehensive regulatory framework that supports stablecoin innovation and security. Armstrong describes the US as “a pioneer for the rest of the G20” in Bitcoin adoption, highlighting its leadership role in the global crypto space.
Another pivotal development cited by Armstrong is the U.S. government’s decision to create a strategic Bitcoin reserve, a move that elevates Bitcoin’s status as a credible reserve asset and signals a shift in national monetary policy. This unprecedented step, once considered unlikely, may prompt other major economies to adopt similar strategies, reinforcing Bitcoin’s position as a digital alternative to traditional stores of value like gold. Armstrong emphasizes Bitcoin’s unique attributes, such as its capped supply and decentralization, which contribute to its appeal as a strategic reserve asset.
Despite recent volatility that saw Bitcoin’s price peak near $124,000 before retracting to approximately $112,000, Armstrong underscores the long-term bullish case while acknowledging the inherent risks associated with market fluctuations. The growing demand for crypto exchange-traded funds (ETFs) is expected to facilitate broader investor access and support sustained upward momentum. While near-term resistance levels remain critical to watch, the combination of regulatory clarity, institutional interest, and government endorsement forms the foundation of Armstrong’s forecast for significant appreciation in Bitcoin’s value over the next decade.
