Bitcoin To Reach $50 Million By 2041, Predicts EMJ Capital CEO

Eric Jackson, CEO of EMJ Capital, projects that Bitcoin could reach $50 million per coin by 2041. His thesis is based on Bitcoin transitioning from "digital gold" to the core collateral layer of the global financial system.

  • Jackson applies a "hundred bagger" framework, similar to his investment in Carvana when its stock was undervalued.
  • He argues Bitcoin's structural potential is often obscured by daily price fluctuations and polarized narratives.
  • Jackson suggests Bitcoin could become as significant as gold due to its digital nature and appeal to younger generations.
  • The Bitcoin market may evolve into a "global collateral layer," replacing systems like the Eurodollar for sovereign and central bank borrowing.
  • Jackson envisions Bitcoin becoming a neutral asset for balance sheets, independent of national currencies and political influences.
  • He sees Bitcoin not as a threat to traditional currencies but as a new underlying financial layer.
  • If Bitcoin becomes the dominant collateral substrate, its value could rise significantly, supporting his $50 million target by 2041.

Bitcoin price