The biggest Bitcoin evangelists could be wrong about BTC

In response to Larry Fink’s bullish stance on Bitcoin, Pro-XRP lawyer John E Deaton has asked if the biggest Bitcoin evangelists could be wrong about supporting BTC.

Bitcoin has made it to its current price of $103k from its first-ever recorded price of $0.003. More so, it has proven its worth by reinstating itself to the 100k level twice now. Billionaire investors have put their foot forward to invest more in the $3 trillion industry while convincing the US government that BTC is worth investing in. 

What are the odds that @CathieDWood, Larry Fink, @TimDraper @saylor, Bill Miller, and others, are all wrong? https://t.co/PHztXH4Ksn

— John E Deaton (@JohnEDeaton1) May 10, 2025

How deep are these Bitcoin evangelists with their investments?

Cathie Wood, the founder and CEO of ARK Investment Management, has consistently been lauded as one of the world’s best stock pickers. In March 2025, ARK said that it had $26.273 billion in funds under management, which is about 64% more than the $16 billion that Forbes said it had in 2022.

Ark Invest increased its Bitcoin holdings, purchasing 997 BTC worth $102 million through Coinbase on March 13. Also, based on the latest available 2025 data, Cathie Wood’s net worth is estimated at $229.6 million. However, it is not clear that she has personally invested in BTC.

In addition, Larry Fink, the co-founder, chairman, and CEO of BlackRock, has an estimated net worth ranging from $1.1 to $1.3 billion as of 2025. The bulk of Fink’s net worth comes from his equity holdings and executive compensation at BlackRock. 

Now, the fund manager holds over 582,000 BTC, valued at nearly $60 billion. Even Michael Saylor predicted that in ten years IBIT will become the world’s biggest exchange-traded fund.

Next, Tim Draper, the big-shot venture capitalist, has a net worth of $2.9 billion. He made waves by grabbing approximately 30,000 bitcoins at a US auction. The Billionaire investor also said he hopes to have a fund focused entirely on crypto “in the next five years.”

Michael J. Saylor is the executive chairman and co-founder of Strategy and is worth $10.2 billion. Saylor’s company holds about 553,555 BTC worth roughly $57 billion. He revealed in 2020 that he personally held 17,732 bitcoins. In recent years, he not only did not sell them but also increased his holdings.

Presently, Bill Miller’s net worth is estimated to be around $1.4 billion. He is so bullish on BTC that his investments are tied closely to crypto, and in 2022 he revealed that 50% of his assets are in BTC.

All these investors have made millions, if not billions, of investments in BTC. With this kind of commitment, the investors cannot be playing a guessing game where BTC is involved.

Bitcoin’s potential as perceived by Bitcoin billionaires 

Cathie Wood remains confident, having previously predicted that BTC could hit $1 million by 2030. This almost sounds unrealistic but she has a track record. She predicted $4000 on Tesla in 2018 when they were trading at $300 and it came to pass in 2021 which also contributed to her wealth.

Draper is known for his bullish outlook on BTC and predicted earlier that it will hit $250,000 by the end of 2025. Bill Miller talked about how its market cap isn’t worth as much as it should be in the big picture of world capital. 

In addition, BlackRock CEO Larry Fink made one of his boldest BTC calls yet. He told Bloomberg, “If everyone adopted that conversation, it would be $500,000, $600,000, $700,000 per Bitcoin.”

Saylor went even further to say BTC will hit $13 million per BTC by 2045. 

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