Tim Draper Insists on Bitcoin Hitting $250,000 This Year
Prominent investor Tim Draper, one of Bitcoin’s strongest supporters, has once again made it into headlines with his bullish BTC forecast for this year. He stands by his earlier prediction, expecting the world’s largest cryptocurrency to reach $250,000 by the time 2025 ends.
In a tweet published last week, Draper doubled down on his earlier BTC price prediction, expecting the coming four months to become crucial in Bitcoin adoption by financial institutions and BTC’s growing role in general. Draper is known for his interest in disruptive technologies, and he was one of the first to invest in Skype, Hotmail, Baidu, SpaceX, and Tesla. Now, he views Bitcoin as a natural response to the limitless fiat currency printing, as well as the growing debt, inflation, and negative geopolitical developments.
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Tim Draper doubles down on his mega-bullish forecast
In his tweet, Draper emphasized that within just two years, many Wall Street companies have transitioned from laughing at Bitcoin to seeking ways to get BTC on their balance sheets.
The investor also stated that any company that will not put Bitcoin into its treasury “is risking accelerating losses to the inflationary dollar.” He said that any family that does not own Bitcoin “runs the risk of being in the back of the line when there is a run on the (fiat) banks.”
Draper also said that governments will start buying Bitcoin, because otherwise they will be crushed by their own overspending. “My prediction stands: $250K Bitcoin by the end of 2025,” Draper announced.
JPMorgan warns about Fed’s rate cuts
Draper’s Bitcoin call came as a major Wall Street player sounded an alarm – analysts from the banking conglomerate, JPMorgan, now warn that the interest rate cut planned by the Federal Reserve on September 17 may actually do more harm than good. While the markets expect this to be a huge bullish sign, JPMorgan analysts believe that this could work out the other way round.
Rather than thinking positively about it, they say that the rate cut may trigger traders to use a classic “Sell the News” tactic and start dumping US equities. If this happens, it is likely to hit Bitcoin and the crypto market as well, since Bitcoin’s correlation to stocks is a well-known fact. However, historically, a rate cut issues cheap liquidity into the markets and usually drives prices up rather than down. Still, JPMorgan experts warn that despite the 30% rebound of the S&P 500 since April, there are still pretty strong risks due to inflation, Trump’s trade tariffs, the job market data weakness, and overall instability in the geopolitical arena.
To hedge against the possible market turbulence, JPMorgan recommends using VIX calls, which bet on volatility rising, and also diversifying investments using gold. Still, it seems that Draper bets on the traditional market surge which usually happens after the Fed slashes interest rates, since he believes Bitcoin to be a superior form of money vs fiat.
While JPMorgan believes in the negative development, a crypto influencer, Lark Davis, states that while September is in itself traditionally a bad month for crypto, some top coins are breaking out and others are trading sideways, and nothing is crashing. This resilience for him is a solid reason to be bullish on the fourth quarter of 2025.
Strategy and Metaplanet add more Bitcoin
In the meantime, two major Bitcoin treasury companies, Metaplanet and Michael Saylor’s Strategy, have both announced new BTC acquisitions today.
Saylor tweeted that Strategy had purchased 1,955 Bitcoins for approximately $217.4 million at an average price of $111,196 per BTC. This has boosted the company’s total Bitcoin bag to 638,460 BTC valued at $71,773,842,799. This amount of BTC was bought for roughly $47.17 billion at $73,880 per coin on average. Besides, Strategy reported that it had reached a 25.8% Bitcoin yield year-to-date this year. This purchase shows that Saylor and his company have not even the slightest intention to slow down in their BTC-linked business ambitions.
Last week, Strategy was rejected from being included in the S&P 500 index, while the Robinhood crypto platform was granted permission to enter it. However, Saylor personally addressed this snub on CNBC, saying that sooner or later, Strategy will be included in the major market index.
The Japanese treasury company Metaplanet also made headlines today with the acquisition of 136 BTC for $15.2 million. While this may seem nothing next to mammoth Bitcoin acquisitions of Strategy, Metaplanet has already acquired 20,136 Bitcoins in total worth slightly more than $2 billion. Many other treasury companies also continue to accumulate Bitcoin, taking advantage of the market dip and raising more and more funds for these purchases.
