Bitcoin OG bets surprising sum on BTC hitting $100K before the halving

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Bitcoin OG bets surprising sum on BTC hitting $100K before the halving
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Blockstream CEO adam3us is putting his money where his mouth is, betting that Bitcoin will reach a new all-time high of $100,000 before the halving event in April.

, one of the crypto’s early pioneers, is pretty confident Bitcoin will hit an all-time high of over $100,000 before Bitcoin's halving in 2024 — and is willing to drop a million wagering on it.

In an Aug. 7 conversation on X , Back agreed to a bet with pseudonymous X user @Vikingobbitcoin that Bitcoin would reach $100,000 by March 31, 2024. VinkingoThe wagered date comes in roughly a month before the halving — which is currently on track for April 26 — as Back believes that the price will “probably” reach a new all-time high sooner than the actual date of the halving.

Bets on dramatic increases in the price of Bitcoin have attracted huge sums in the past, such as Balaji Srinivasan’s

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