Billionaire Philippe Laffont, founder of Coatue Management, has included Bitcoin in his “Fantastic 40,” a handpicked list of what he considers the top investment opportunities for the next five years.
“I wake up every day at three in the morning and I’m like, ‘why am I such an idiot? What have I been waiting for, not being involved in it?’” he said. “Sometimes you have to change your mind and say, ‘I made a mistake.’”
He expects Microsoft to hit a $5.7 trillion valuation and Nvidia to reach $5.6 trillion within the same timeframe. “I thought of like the market cap of the world [and] the net worth of the world is, I think $450 to $500 trillion, equities are let’s say $120 trillion, gold above and under the ground is $20 trillion,” he said.
Despite not yet owning Bitcoin, Laffont projects its market cap could more than double to over $5 trillion by 2030, putting it in the same league as tech giants.
As reported, Shunyet Jan, Head of Derivatives at Bybit, has projected that Bitcoin could reach $125,000 by the end of Q2 if current trends persist. Likewise, crypto analyst Scott Melker has said he believes Bitcoin could surge to $250,000 by the end of 2025, driven by institutional demand and a maturing market structure.
Part of his revised outlook stems from Bitcoin’s maturing volatility. “It seems its volatility as an asset class is coming down,” he noted, comparing it to the Nasdaq’s risk profile.