Bitcoin Policy Institute predicts $1 million price for BTC
U.S. purchase of 1 million Bitcoin could send price to $1M, says BPI executive.
A senior executive at the Bitcoin Policy Institute (BPI) believes that if the United States were to purchase 1 million Bitcoin, the resulting market shock could propel the cryptocurrency’s price to $1 million.
Zach Shapiro, BPI’s head of policy, shared the projection during a recent appearance on the Bitcoin Magazine podcast, where he argued that such a move would represent a “global seismic shock”, reports Cointelegraph.
“If the United States announces that we are buying a million Bitcoin, that’s just a global seismic shock,” Shapiro said. “I think we’d probably go very quickly to something like a million dollars per Bitcoin.”
The comments come amid growing U.S. interest in Bitcoin as a strategic asset. President Donald Trump signed an executive order on March 7 establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile, signaling a notable shift in national digital asset policy.
Bitcoin accumulation tied to tariff revenue and policy goals
BPI Executive Director Matthew Pines echoed Shapiro’s sentiment, framing the size of U.S. Bitcoin holdings as a measure of geopolitical strength. “If Donald Trump wants to make good on his promise to be a Bitcoin superpower, that ultimately comes down to how much Bitcoin you have,” Pines said.
The Trump administration has emphasized that Bitcoin accumulation should be achieved without burdening taxpayers. To that end, Trump’s executive order tasked the Treasury and Commerce Departments with finding “budget-neutral” strategies for expanding U.S. reserves. Pines proposed tariff revenue, royalties, and other non-tax-based income as potential funding sources.
This policy aligns with Trump’s broader economic strategy, including a 10% baseline tariff on all imports and reciprocal measures for countries taxing U.S. goods. The new tariff regime, introduced via executive order on April 2, is seen as both a revenue source and a geopolitical lever.
Legislative push complements executive action
On March 12, Senator Cynthia Lummis reintroduced the BITCOIN Act, which seeks to formalize the government’s strategic investment in Bitcoin and lift national holdings above 1 million BTC. The legislation could provide congressional support for Trump’s executive directive and institutionalize Bitcoin as a sovereign reserve asset.
With international rivals closely watching, BPI executives argue that the United States must act decisively to secure a leadership position in the evolving digital economy. As Bitcoin adoption accelerates globally, strategic accumulation could play a pivotal role in U.S. monetary and national security policy.
Recently we wrote, that spot Bitcoin exchange-traded funds (ETFs) logged a second straight day of net inflows on Tuesday, signaling a potential shift in institutional sentiment.
