Who Are the Bitcoin Bulls?

Bitcoin bulls are influential advocates who have championed Bitcoin through market volatility and mainstream skepticism. Our list features the most influential Bitcoin bulls of all time, including Michael Saylor, Nayib Bukele, Cathie Wood, Arthur Hayes, and Jack Dorsey.

Key Takeaways

• Michael Saylor leads corporate adoption with Strategy holding over $73 billion worth in Bitcoin.

• President Nayib Bukele made El Salvador the first nation to adopt Bitcoin as legal tender, while promising to buy “one Bitcoin per day”.

• Cathie Wood’s ARK Invest early efforts of advocacy for a US spot Bitcoin ETF was pivotal to its eventual approval in 2024.

• The predictions of these Bitcoin bulls range from conservative to extraordinary, with timeframes spanning 2025 to 2046. Most notably, Saylor predicts a Bitcoin price of $21 million by 2046.

Disclaimer: The Bitcoin advocates featured in this article were selected based on their financial commitment to Bitcoin, public influence within the cryptocurrency space, historical significance in Bitcoin’s development, and current relevance to the Bitcoin ecosystem. While we have ranked these individuals for editorial purposes, each has made valuable and unique contributions to Bitcoin’s growth and adoption. This ranking reflects our editorial assessment and should not be considered definitive or comprehensive. The views and opinions expressed by featured individuals are their own and do not constitute financial advice.

1. The Bitcoin Maximalist: Michael Saylor

Michael Saylor, Chairman of Strategy (formerly MicroStrategy), has become Bitcoin’s most vocal corporate champion. It’s no surprise that he takes the top position as he is not only one of the most vocal advocates but also runs the world’s largest Bitcoin corporate treasury firm, holding over $73 billion in Bitcoin at the time of writing.

Saylor’s latest prediction is his most ambitious yet: $21 million per Bitcoin by 2046. “Twenty one million coins at a $21 million price in 21 years,” he declared at BTC Prague 2025, emphasizing the symbolic significance of the number 21 in Bitcoin’s ecosystem. This figure also represents Bitcoin’s maximum supply cap, making the prediction even more meaningful.

His conviction runs deep. Strategy continues to aggressively accumulate Bitcoin even at all-time high prices throughout 2025, consistently raising their average purchase price. This unwavering commitment demonstrates Saylor’s absolute faith in Bitcoin’s long-term potential.

Most notable Bitcoin contribution: Creating the world’s largest corporate Bitcoin treasury, inspiring many others such as MetaPlanet to do the same.

2. The Political Pioneer: Nayib Bukele

Nayib Bukele, President of El Salvador, made history by making his country the first nation to adopt Bitcoin as legal tender in September 2021 (officially recognized currency that must be accepted for payment of debts). At the time of writing, El Salvador holds 6,313 BTC worth approximately $701 million.

What makes Bukele unique among Bitcoin bulls isn’t just his bullishness but his defiance to authority when it comes to Bitcoin. While the International Monetary Fund demanded El Salvador halt Bitcoin purchases as part of a $1.4 billion loan agreement in 2024, Bukele quietly continued accumulating. His central bank president and finance minister publicly claimed purchases had stopped to satisfy the IMF, but Bukele and the Bitcoin Office kept announcing new acquisitions, creating a deliberate contradiction that shows where his true loyalties lie.

This institutional resistance makes his Bitcoin conviction even more remarkable. Few leaders would risk a crucial IMF bailout for a volatile cryptocurrency, yet Bukele continues his “one Bitcoin per day” policy despite international pressure. El Salvador’s recent purchase of 21 BTC on Bitcoin Day 2025 sent a clear message: external pressure won’t deter El Salvador’s Bitcoin strategy.

Most notable Bitcoin contribution: First world leader to adopt Bitcoin as legal tender, defying IMF pressure and international criticism.

3. Champion of Bitcoin ETFs: Cathie Wood

Cathie Wood, CEO of ARK Invest, has become one of Bitcoin’s most prominent institutional advocates. Her investment firm explored and researched Bitcoin’s potential as an emerging asset back when it was just $250 in 2015. 

Most importantly, ARK Invest, under Cathie Wood’s leadership, was among the earliest and most persistent advocates for Bitcoin ETF approval in the United States. Their efforts significantly contributed to the eventual approval process.

ARK partnered with 21Shares and filed their first Bitcoin ETF application in 2021, making them one of the earliest applicants. This initial application was rejected, but ARK persisted with multiple amendments to their application through 2023. Bitcoin ETFs were eventually approved in 2024 and it can be said that Wood’s persistent efforts through ARK Invest were pivotal in this success.

ARK Invest continues to advocate and conduct research into Bitcoin as an investment asset, their latest report at the time of writing predicts a bear case of $300,000 by 2030 and a bull case of $1.5 million by 2030.

Most notable Bitcoin contribution: Pivotal early advocate whose persistent Bitcoin ETF applications starting in 2021 helped advance the eventual US approval process.

4. The Macro Strategist: Arthur Hayes

Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom Fund, brings institutional trading expertise and macroeconomic analysis to Bitcoin advocacy. He continues to advocate for Bitcoin in 2025, predicting Bitcoin will hit $250,000 by the end of 2025 if the Federal Reserve returns to quantitative easing, with a longer-term target of $1 million by 2028.

His analysis focuses on macroeconomic liquidity cycles (periods when central banks inject money into the economy). For instance, Hayes predicted Bitcoin would benefit from $612 billion in US Treasury spending and Federal Reserve policy changes in early 2025, driving the crypto market to new highs before a potential correction.

Hayes is like a macroeconomic detective, connecting global monetary policies to Bitcoin’s price movements. His background at Deutsche Bank and experience in traditional finance gives him unique insight into how central bank actions drive capital flows into alternative assets like Bitcoin.

Most notable Bitcoin contribution: Pioneering macroeconomic analysis that connects central bank policies to Bitcoin price movements, educating traders on liquidity cycles.

5. The Bitcoin Payment Architect: Jack Dorsey

Jack Dorsey, co-founder of Twitter (now X) and CEO of Block (formerly Square), has positioned himself as Bitcoin’s most prominent Silicon Valley champion. His vision of Bitcoin as “the native currency of the internet” has driven massive corporate adoption through his companies.

Dorsey’s prediction is bold yet measured: “At least a million” dollars per Bitcoin by 2030, with potential to go even higher. His conviction runs deep—Block holds 8,692 BTC and has built an entire ecosystem around Bitcoin, including the Bitkey hardware wallet, Bitcoin mining operations, and Square’s merchant payment systems.

What sets Dorsey apart is his focus on utility over speculation. Block is rolling out Bitcoin payments across its Square terminals to over 4 million merchants, with full deployment expected by 2026.

Dorsey’s approach is like building the infrastructure for a new economy rather than just betting on price appreciation. He’s creating the pipes and payment rails that could make Bitcoin function as everyday money. “We want Bitcoin to become p2p electronic cash and everyday money, as it was designed to be,” he recently stated.

Most notable Bitcoin contribution: Building Bitcoin payment infrastructure through Block, enabling millions of merchants to accept Bitcoin as everyday money.

6. The Original Bitcoin Evangelist: Roger Ver

Roger Ver, known as “Bitcoin Jesus,” was one of Bitcoin’s earliest and most vocal supporters. He earned this nickname by evangelizing Bitcoin when most people had never heard of cryptocurrency, investing in Bitcoin startups, and helping build the ecosystem from the ground up.

However, Ver’s story is complicated. He later became a champion of Bitcoin Cash (BCH), a fork of Bitcoin that aimed to solve scaling issues through larger block sizes. Ver also said “I’m incredibly bullish on Bitcoin Cash for the exact same reasons I was bullish on Bitcoin back in 2011.” This split the Bitcoin community and created lasting controversy.

Despite the Bitcoin Cash divergence, Ver’s early contributions to Bitcoin adoption can’t be overstated. He funded dozens of Bitcoin startups, promoted Bitcoin acceptance among merchants, and helped establish the foundation for today’s cryptocurrency ecosystem. Think of him as the person who planted the seeds for Bitcoin’s growth, even if he later decided to tend a different garden.

Most notable Bitcoin contribution: Early Bitcoin evangelist who funded dozens of startups and established foundational infrastructure when Bitcoin was unknown.

7. The Macro Educator: Raoul Pal

Raoul Pal, CEO of Real Vision and former Goldman Sachs hedge fund manager, has become Bitcoin’s most influential educator for traditional finance professionals. Unlike other analysts who focus on technical predictions, Pal’s strength lies in translating complex Bitcoin concepts for institutional audiences who speak the language of traditional markets.

Pal’s approach centers on narrative building rather than precise price targets. His “Everything Code” thesis and “Great Debasement” framework have become foundational concepts that many Bitcoin advocates now use to explain cryptocurrency’s value proposition. He popularized the idea that we’re entering a new monetary era where scarce digital assets will outperform everything else.

Through Real Vision’s platform, Pal has interviewed hundreds of Bitcoin experts, creating an educational ecosystem that bridges Wall Street and crypto. His content has influenced countless traditional investors to allocate to Bitcoin, making him more of a thought leader than a predictor.

Most notable Bitcoin contribution: Developed “The Everything Code” and “Great Debasement” frameworks that became foundational concepts for institutional Bitcoin adoption arguments.

8. The Bestselling Bitcoin Bull: Robert Kiyosaki

Robert Kiyosaki, bestselling author of “Rich Dad Poor Dad,” has become one of Bitcoin’s most influential mainstream advocates, reaching millions through his books, social media, and speaking engagements.

For decades, Kiyosaki warned against stocks, bonds, and fiat currency while championing physical gold, silver, and real estate. His “fake money” philosophy resonated with millions of investors skeptical of traditional markets. But Bitcoin changed everything for the financial educator who typically distrusts new financial instruments.

Kiyosaki now lumps Bitcoin together with his beloved precious metals, calling them the ultimate protection against what he predicts will be the “Greatest Depression.” His message resonates particularly well with gold bugs (investors who prefer physical precious metals) and real estate investors who already distrusted the financial system—he simply added Bitcoin to their anti-establishment portfolio.

Kiyosaki’s Bitcoin price prediction is similar to previous advocates we have mentioned, he thinks Bitcoin will reach $1 million by 2030.

Most notable Bitcoin contribution: Bringing Bitcoin to mainstream audiences, and advocating for Bitcoin to be included alongside gold and real estate as protective assets against inflation.

9. The Network Strategist: Anthony Pompliano

Anthony Pompliano, founder of Pomp Investments and host of “The Pomp Podcast,” has become one of Bitcoin’s most effective communicators. He translates complex Bitcoin concepts into digestible content for mainstream audiences, helping bridge the gap between cryptocurrency enthusiasts and traditional investors.

Pompliano consistently advocates for Bitcoin as a store of value (an asset that maintains its worth over time) and hedge against inflation. His approach focuses on Bitcoin’s network effects (the idea that Bitcoin becomes more valuable as more people use it) and its role in portfolio diversification.

His daily newsletter and podcast have educated millions about Bitcoin, making him one of the most influential voices in cryptocurrency education. Think of him as Bitcoin’s translator, taking complex technical and economic concepts and making them accessible to everyone.

Most notable Bitcoin contribution: Creating “The Pomp Podcast,” one of crypto’s most influential shows that brought Bitcoin education to millions of mainstream listeners.

10. The Unpredictable Bitcoiner: Elon Musk

Elon Musk, CEO of Tesla and SpaceX, has maintained a complex relationship with Bitcoin. His influence on cryptocurrency markets is undeniable, a single tweet from Musk can move markets by billions of dollars, making him one of crypto’s most powerful voices.

Musk’s most dramatic crypto saga involved Bitcoin. In early 2021, Tesla announced it had purchased $1.5 billion worth of Bitcoin and would accept it as payment for vehicles. This sent Bitcoin soaring to new heights. However, just months later, Musk reversed course, citing environmental concerns about Bitcoin’s energy consumption from mining operations. Tesla suspended Bitcoin payments, causing the cryptocurrency to plummet.

Despite his turbulent relationship with Bitcoin, Musk recently praised Bitcoin on social media, calling fiat money “hopeless” and positioning Bitcoin as central to his America Party’s fiscal vision. Regardless of his antics, actions speak louder than words, his companies continue to hold massive amounts of Bitcoin despite his public misgivings on the cryptocurrency, with SpaceX and Tesla holding over $2.1 billion worth of Bitcoin combined, showing his long term commitment to Bitcoin. 

Controversies around his Bitcoin and other crypto endeavors remain numerous but his influence and support for Bitcoin at times, is undeniable, making him a worthy inclusion on this list.

Most notable Bitcoin contribution: One of the earliest and largest corporate adoptions of Bitcoin, with Tesla’s $1.5 billion purchase inspiring other Fortune 500 companies to follow suit.

Conclusion

These ten Bitcoin bulls represent different perspectives on why the world’s first cryptocurrency will continue to appreciate in value. From corporate treasuries to national reserves, from Wall Street hedge funds to venture capital firms, their collective influence has helped transform Bitcoin from a fringe digital experiment into a recognized asset class.

While their predictions range from conservative ($300,000) to extraordinary ($21 million), these influential figures share a common belief that Bitcoin’s best days lie ahead. Their combined influence, capital allocation, and public advocacy continue to drive institutional adoption and mainstream acceptance.

Whether their bold predictions prove accurate remains to be seen, but their impact on Bitcoin’s journey is undeniable. As traditional monetary systems face increasing pressure and digital assets gain legitimacy, these Bitcoin bulls may prove to be visionaries who recognized the future of money before the rest of the world caught on.

This article is for educational purposes only and is not financial advice. Cryptocurrency investments are highly volatile and risky. Past performance does not guarantee future results. Always do your own research before making investment decisions. The price predictions mentioned in this article are opinions and should not be considered as guaranteed outcomes.