Bernstein: $200,000 by the end of 2025 is a "conservative" forecast
Analysts at research and brokerage firm Bernstein claim that their current forecast of a $200,000 bitcoin price by the end of 2025 is "conservative" and urge skeptics to reconsider the limited supply of cryptocurrencies in an era of record US debt levels. For investors who do not want to hold bitcoin directly, the analyst suggests investing in MicroStrategy, the world's largest holder of bitcoin corporate funds, and Robinhood, which is continuing to expand its crypto services, as an alternative to indirect investments.
Analysts also highlight the potential of US-listed companies Riot Platforms and CleanSpark, which are consolidating gigawatts of electricity for bitcoin mining, as well as artificial intelligence diversified companies like Core Scientific, which are leveraging the need for artificial intelligence hosting services because they have valuable power pipelines while still managing bitcoin mining operations.