Mow: Musk to go hard into Bitcoin in 2026, $1.33M prediction
Jan3 founder Samson Mow expects Elon Musk to significantly increase his exposure to Bitcoin in 2026, outlining the view as part of five predictions he shared for that year. Mow posted on X on Saturday that “@elonmusk goes hard into BTC.”
Musk has backed cryptocurrencies previously but has highlighted environmental concerns with Bitcoin. Tesla halted Bitcoin payments in May 2021 and disclosed in July 2022 that it had sold 75% of its Bitcoin holdings.
Mow says Bitcoin could reach seven figures in 2026
Mow also projected Bitcoin could climb to $1.33 million in 2026, representing a roughly 1,367% increase from its current price of $90,596, according to CoinMarketCap.
In June 2025, Mow said Bitcoin could reach $1 million in 2025, or if not, in 2026, calling it “a given at this point, maybe this year, maybe next year.”
Mow has previously cited potential nation-state adoption as a key driver for an accelerated price move. In September 2025, he said more countries were preparing to increase their Bitcoin adoption, adding, “I think we’re on the tail end of gradually, and we’re at the beginning phases of suddenly.”
Asked on X how many of his 2025 predictions he achieved, Mow replied, “Let’s not dwell on the past,” adding, “Never look back. Only forward.”
Other executives offer more cautious outlooks
On Dec. 28, Bitwise CIO Matt Hougan said he expects a steady uptrend rather than outsized gains. “I think we’re in a 10-year grind upward of strong returns. It’s not spectacular returns, [but] strong returns, lower volatility, some up and down.”
Several high-profile forecasts from the prior year did not materialize. BitMEX co-founder Arthur Hayes and BitMine chair Tom Lee predicted Bitcoin would reach $250,000 by the end of 2025, including as recently as October, when Bitcoin was trading at about half that level after setting an all-time high of $125,100.
Mow also predicted MicroStrategy’s stock (MSTR) would reach $5,000, an increase of approximately 3,084% from its current price of $157.
He added that Bitcoin would “outperform metals,” following record highs for gold and silver of $4,549 and $83 in December, and said “at least one country” would issue a Bitcoin bond.
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