• Arthur Hayes, CIO of Maelstrom and BitMEX co-founder, predicts Bitcoin could reach $1 million by 2030, driven by an AI infrastructure credit bust and subsequent government liquidity injection.
  • Hayes argues that massive data-center lease commitments by tech giants—totaling over $1.1 trillion—could trigger a 2008-style crisis, forcing central banks to expand money supply.
  • Bitcoin, currently around $83,000–$84,000, would need to surge roughly 12-fold to hit the target; Hayes's thesis remains highly speculative and conditional on multiple unlikely events.