Bernstein's Bullish Scenario: Strategy Could Lead to a 1 Trillion Dollar Bitcoin! - Coin Bulletin

According to Bernstein analysts, Strategy's Bitcoin (BTC) reserve could reach up to 1 million BTC while the price of Bitcoin is expected to reach 1 million dollars by the end of 2033.

While there is significant volatility in the cryptocurrency market, Bernstein research firm's bullish scenario predicts that Strategy could increase its Bitcoin (BTC) reserves by more than double, potentially reaching 1 million BTC. This situation suggests that the price of Bitcoin is expected to reach 1 million dollars by the year 2033.

Bernstein analysts indicate that Strategy could sustain its plans to significantly increase its Bitcoin investments and expand its Bitcoin reserves due to easing capital markets and low interest rates. This situation could lead to Strategy holding approximately 5.8% of the total Bitcoin supply. However, analysts also warn that if there is a prolonged bear market, Strategy's Bitcoin holdings may remain stable, and some of its Bitcoins may need to be converted to liquidity.

Facing different scenarios: Bull, base, and bear scenarios

According to Bernstein's model, in a bullish scenario, Strategy's Bitcoin (BTC) reserve could rise to as much as 5.8% of the current circulating supply of 19.8 million BTC. In this case, Strategy's debts are expected to rise to 100 billion dollars. However, according to the more cautious fundamental scenario, Strategy's Bitcoin (BTC) reserve could only reach 4% of the circulating supply.

A slightly different perspective: Bear scenario and potential challenges

In a bear scenario, after Bitcoin's price reaches a peak of 200,000 dollars this year, a prolonged decline may occur. In this case, Strategy's Bitcoin reserves may stagnate, and the company may have to convert its existing shares into liquidity to pay off its current debts instead of purchasing more Bitcoin.

The strategy continues to proceed without slowing down in Bitcoin purchases, having recently acquired 6,911 BTC for $584.1 million, bringing the total to 506,137 BTC. These moves demonstrate how aggressive the company's Bitcoin accumulation strategy is.