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Wall Street's youngest CEO of his day predicts $1M Bitcoin

Wall Street's youngest CEO of his day predicts $1M Bitcoin
Photo: TheStreet

BTC when published $82,668Now $80,568 ▼ −2.54% since it was published

Bitcoin has had a difficult few months. The world's largest cryptocurrency hit an all-time high of $126,198 in October 2025, followed by series of crashes. Bitcoin trades at about $82,703 at the time of writing, still roughly 35% below its all-time high. However, at least one Wall Street veteran is still bullish. John Koudounis, president and CEO of Calamos Investments, still expects Bitcoin to reach $1 million, that target implies a gain of roughly 1,100% from today's price action. Koudounis leads Calamos, a U.S. asset manager overseeing about $50 billion in client money that also runs a range of Bitcoin-linked exchange-traded funds — ETFs, the products that let people buy exposure to an asset through a regular brokerage account.

First reported by TheStreet. This page is a short excerpt; the full text is theirs.

Read the full story at TheStreet (opens in a new tab)

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