With the growing popularity of Bitcoin, even the “Wolf of Wall Street,” Jordan Belfort thinks the digital currency could soar to $100,000 this year.
“People are spoiled by bitcoin,” he said. “Bitcoin has a fixed, finite supply. With stocks, you have an infinite number of shares that can be issued. Bitcoin now has a much bigger base of buyers than ever before,” as quoted in a Business Insider article. The news is even bullish for the miners, including CleanSpark Inc. (NASADQ:CLSK), Riot Blockchain Inc. (NASDAQ:RIOT), Marathon Digital Holdings (NASDAQ:MARA), Bit Digital Inc. (NASDAQ:BTBT), and Canaan Inc. (NASDAQ:CAN).
Thanks to the growth of Bitcoin, the global cryptocurrency mining market size is projected to reach US$ 2584.6 million by 2026, from US$ 1015.9 million in 2020, at a CAGR of 16.8% during 2021-2026,” as reported by Industry Research.