Adam Back, CEO of Blockstream, reiterated his prediction that Bitcoin will reach $1 million by spring 2028 in a recent interview. Speaking about current valuations, Back stated that Bitcoin is “mispriced” at its present level of around $78,000, noting that short-term price predictions are difficult but long-term targets remain achievable. Back also noted that Bitcoin’s profitability dynamics may improve as some miners shift computational resources toward artificial intelligence work.
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