According to JAN3 CEO Samson Mow, Bitcoin has at least 6 key reasons to continue growing amid institutional adoption. He predicts an omega rally is close ahead.
Bitcoin (BTC), the world’s leading digital cryptocurrency, has witnessed amazing growth, particularly in price. BTC has leaped from less than $20 in 2012 to over $100,000 in 2025. Yet, Samson Mow, renowned Bitcoin advocate and CEO of JAN,3 believes the coin has what it takes to hit $1 million.
Institutional Accumulation and State-Level BTC Reserves
In an update he shared, Mow outlined six paths that could catalyze a surge of BTC to $1 million. The BTC enthusiast considers this as a possible endgame for Bitcoin to become the dominant global asset.
Mow believes institutional investors like Strategy and the Bitcoin exchange-traded funds (ETFs) could cause supply shock. This is a result of their large accumulations, which have drastically reduced the available supply.
6 Paths to Omega 六道オメガ ♎️
1️⃣ Supply shock from MSTR/ETF buying
2️⃣ State level SBRs
3️⃣ US federal SBR
4️⃣ Rebasing of the US dollar to sats
5️⃣ Nation-state FOMO
6️⃣ Demonetization of gold to acquire BTC— Samson Mow (@Excellion) February 13, 2025
This increasing scarcity fuelled by institutional accumulation could cause Bitcoin’s price to skyrocket.
The interest from U.S. states in a Strategic Bitcoin Reserve (SBR) is closely linked to this institutional interest. It is worth noting that about 20 states have bill proposals before their respective legislators at different levels of deliberation on establishing an SBR.
If the proposals scale legislative scrutiny and the states establish an SBR, the demand for Bitcoin could soar. The increased demand will naturally trigger a price spike. If the U.S. federal government also activates a Strategic Bitcoin Reserve, then the rate of price increase might double. This will flow from the stockpiling of Bitcoin.
Bitcoin as a Monetary Standard and Global FOMO
Mow also considers that rebasing the U.S. fiat currency, the dollar, to satoshi could trigger a price surge. This would mean that BTC becomes the new standard for value.
Mow’s two other likely catalysts might fuel Bitcoin’s journey to $1,000,000 as nation-state FOMO and demonetization of gold to acquire Bitcoin.
According to Mow, if countries across the globe start competing to accumulate Bitcoin, this rush could drive demand high and prices even higher. Already, the different states in the U.S. appear set to engage in a competitive acquisition once they clear the various legislative hurdles.
The last catalyst is the demonetization of gold. Mow believes that if governments or global financial institutions shift reserves from gold to BTC, gold would lose its monetary role. This will cause a shift in liquidity to Bitcoin.
Interestingly, Mow maintains that any of these six paths could help fuel the leap to $1 million. However, if more than one of the factors happens simultaneously, the coin could hit the target $1 million faster and even attain a higher level.
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