Samson Mow Confident Bitcoin Will Add a Zero, Targets $1 Million Valuation

Samson Mow, CEO of Bitcoin technology company JAN3 and a prominent Bitcoin maximalist, has reiterated his strong conviction that Bitcoin (BTC) is destined to reach a $1 million valuation. In a social media post on July 13, 2025, Mow asserted that the cryptocurrency will "add a zero" to its current price, framing the milestone as an inevitability of "when" rather than "if." This bullish outlook comes as Bitcoin's price has recently traded around the $118,000 to $119,000 range.

Mow's long-standing prediction for a seven-figure Bitcoin price is rooted in his concept of "hyperbitcoinization," a phenomenon where Bitcoin becomes a dominant global currency. He views recent market fluctuations, including price drops, as temporary "bear traps" that do not deter its long-term trajectory. According to Mow, the fundamental characteristics of Bitcoin, such as its limited supply and decentralized structure, coupled with increasing institutional engagement, underpin his confidence.

Key drivers for this anticipated surge, according to Mow, include the significant influx of capital into spot Bitcoin Exchange-Traded Funds (ETFs) and sustained accumulation by institutional investors and Bitcoin treasury companies. He emphasizes that the rapid absorption of Bitcoin by these entities is leading to a supply drainage, stating, "There's not enough #Bitcoin for everyone." This increasing demand against a finite supply is expected to exert upward pressure on its value.

Furthermore, Mow points to growing government support and interest in Bitcoin, citing instances like the White House promoting Bitcoin and countries like Bhutan increasing their Bitcoin mining initiatives. While Mow has previously offered timelines for Bitcoin reaching $1 million, including a 2025 target and an acceleration from his initial 2031 model, he now frames it primarily as a matter of timing. Despite his strong conviction, some market analysts remain skeptical about such a rapid and substantial price surge, highlighting Bitcoin's inherent volatility and susceptibility to macroeconomic events.