The cryptocurrency market is alive with speculation that Bitcoin (BTC) could soar to $1 million per coin if the U.S. buys 1 million BTC. The Bitcoin Policy Institute predicts this move could transform global markets, driving Bitcoin’s price to new heights. This article explores the proposal’s implications, the drivers behind this bold forecast, and its impact on crypto investors in 2025.
U.S. Strategic Bitcoin Reserve Initiative
The proposal for the U.S. to acquire 1 million BTC comes from a bill by Senator Cynthia Lummis (R-WY), directing the U.S. Treasury to purchase 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, equating to 5% of Bitcoin’s 21 million coin supply. The plan aligns with President Donald Trump’s March 6, 2025, Executive Order establishing a Strategic Bitcoin Reserve (SBR) to cement U.S. dominance in crypto.
Zak Shapiro of the Bitcoin Policy Institute said, “A U.S. purchase of 1 million BTC would be a global shock, sending Bitcoin’s price to $1,000,000.” This view is echoed on X, where users anticipate a price surge driven by institutional demand and market psychology.
The $1 Million Forecast: Supply and Demand
Bitcoin’s 21 million coin cap drives its scarcity-based value. A U.S. purchase of 1 million BTC would sharply reduce circulating supply, likely igniting investor fervor. The Bitcoin Policy Institute suggests this would establish Bitcoin as a reserve asset like gold, with its $21 trillion market cap. If Bitcoin matches or exceeds gold’s value, a $1 million price is plausible.
Eric Trump, at the Bitcoin MENA event in Abu Dhabi, lauded Bitcoin’s decentralization and scarcity, predicting a $1 million price. Leaders like Michael Saylor of MicroStrategy and Cathie Wood of ARK Invest agree. MicroStrategy’s 478,740 BTC ($46 billion in February 2025) shows how institutional purchases fuel price growth.
Market and Global Effects
A U.S. purchase would likely cause a supply shock. With 19.7 million BTC mined and many held long-term, a 1 million BTC demand could overwhelm markets. IntoTheBlock data indicates “whales” are accumulating BTC, with $220 million in daily exchange outflows, suggesting preparation for such a move.
Globally, U.S. adoption of Bitcoin as a reserve could spur other nations. 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 scramble for BTC could further boost prices.
Potential Risks
Despite the bullish outlook, risks remain. Regulatory uncertainty, trade tensions, and volatility could curb Bitcoin’s rise. Tariffs recently triggered a 5.75% BTC drop to below $75,000 in a day. Critics warn a $1 million price could deepen crypto wealth gaps or spark bubbles.
Acquiring 1 million BTC poses logistical hurdles. Limited liquidity could cause price spikes, disrupting platforms. Investors should research carefully before acting on this speculative scenario.
Investor Outlook
Bitcoin hitting $1 million depends on the U.S. executing this plan. If successful, it could redefine Bitcoin as a global reserve asset, attracting diverse investors. BTC’s stability at $83,500 and institutional interest reflect market maturity.
Crypto investors should follow Senator Lummis’s bill and SBR progress. Platforms like Telegram and X provide insights from industry leaders. Whether experienced or new, the potential for Bitcoin to reach $1 million in 2025 is a key trend to monitor.
