Bitcoin advocate and JAN3 CEO Samson Mow has accelerated his Bitcoin price prediction. He suggested that it could reach $1 million earlier than his model’s original 2031 forecast.
Mow cites the unprecedented White House support for Bitcoin (BTC) as a catalyst for this new timeline.
“Since getting into Bitcoin, what I’ve consistently found is that everything always happens faster than I expect. And now we have the White House promoting Bitcoin,” Mow stated in response to the White House’s tweet that “America will be the Bitcoin superpower of the world.”
“That’s why my prediction is for a fast run to $1.0M. I’m front-running my own model which indicates $1.0M in 2031,” he added.
Mow’s comments come on the heels of the White House’s crypto summit, which took place on March 7.
It remains to be seen whether the Trump administration will invite JAN3 to be as involved with Bitcoin initiatives in the U.S. as it has been with El Salvador.
Currently, the International Monetary Fund (IMF) and global financial institutions have expressed skepticism about El Salvador’s Bitcoin strategy, primarily due to potential impacts on financial stability and money laundering risks.
While JAN3 was not directly targeted, the regulatory climate surrounding its work in El Salvador is not without controversy. However, Mow does have the support of El Salvador President Nayib Bukele who plans to continue acquiring Bitcoin.
In January, JAN3 raised $5 million in seed funding to accelerate the development and marketing of the AQUA Wallet, a new Bitcoin wallet leveraging advanced Layer 2 scaling technologies like the Lightning and Liquid Networks. This funding also aims to support JAN3’s nation-state initiatives.
Mow launched JAN3 in 2022 with about $21 million in financial backing.
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