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Meitu’s Mike Cai Predicts $1.1 Million Bitcoin as Digital Gold Thesis Strengthens

  • Meitu's Mike Cai predicts that Bitcoin could reach $1.1 million per coin, driven by its increasing role as digital gold.
  • Cai believes that Bitcoin can grow tenfold to match gold's total market capitalization over the next decade.
  • His projection is based on Bitcoin eventually matching gold's total market capitalization, emphasizing its role as a store of value globally.
  • With Bitcoin's recent rise to an all-time high of $110,000, Cai aligns with the narrative that Bitcoin could serve as a digital alternative to traditional gold.

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