Morning Minute: Coinbase CEO Calls for Bitcoin to Hit $1 Million
- August 22, 2025
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Morning Minute is a daily newsletter written by Tyler Warner . The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack .
GM!
Today's top news:
đź’° Brian Armstrong Joins the $1M Bitcoin Club
Coinbase CEO Brian Armstrong just laid out his big target:
Bitcoin could hit $1,000,000 by 2030.
📌 What Happened
Speaking on the Cheeky Pint podcast, Armstrong laid out his bold thesis for Bitcoin’s future, predicting $1M BTC within the next five years.
His rationale centers on three major drivers:
He joins a growing list of Bitcoin bulls: Jack Dorsey has also forecast $1M BTC, and Cathie Wood has gone further, projecting up to $3.8M by 2030.
And that doesn’t even take into account some of Michael Saylor’s predictions ($40M+ by 2040).
đź§ Why It Matters
Anyone can make a big bull call like this.
But some calls matter more than others.
Brian Armstrong’s view carries weight as the CEO of the largest U.S. crypto exchange and a key player in regulatory conversations.
Big targets like $1M drive:
And targets like this make it easier for folks buying for the first time over $100,000 to have a nice return multiple in mind (helps with unit bias).