In a bold statement that has captured the attention of the cryptocurrency world, George Kikvadze, Executive Vice Chairman of Bitfury, has predicted that Bitcoin could soar to an astonishing $10 million. His forecast is rooted in the ongoing monetary debasement driven by central banks, which he believes will significantly boost Bitcoin's value. The material points to an encouraging trend: more investors are turning to Bitcoin as a hedge against inflation.
Kikvadze's Advocacy for Bitcoin Adoption
Kikvadze, a seasoned figure in the crypto industry, has long been a proponent of Bitcoin adoption and has been instrumental in Bitfury's expansion. His recent comments have ignited discussions among crypto enthusiasts and institutional investors alike, highlighting the growing interest in Bitcoin as a hedge against inflation.
Bitcoin as a Hedge Against Inflation
On social media, Kikvadze reiterated his stance, emphasizing that Bitcoin stands as the sole directional hedge amid the current monetary expansion. Following his announcement, Bitcoin spot ETFs experienced a surge in inflows, with reports indicating approximately $250 million entering the market. However, this surge did not extend to Ethereum or other altcoins, which remained relatively unaffected.
On October 16, 2025, Michael Saylor reportedly filmed an episode with Joe Rogan, which could enhance Bitcoin's visibility in mainstream media, contrasting with George Kikvadze's recent bullish prediction on Bitcoin's value. For more details, see read more.
