Bitwise Research projects that institutional investors will inject $400 billion into Bitcoin by 2026, driven by increasing adoption and greater accessibility of Bitcoin exchange-traded funds (ETFs). Bitwise Chief Investment Officer Matt Hougan predicts Bitcoin could reach $1 million within the next five years, expressing confidence in the cryptocurrency's long-term value. Market strategist Tom Lee echoes bullish forecasts, suggesting Bitcoin could hit between $1 million and $1.5 million by 2035, and views Bitcoin as a digital rival to gold with potential to outperform other assets in 2025. Lee also anticipates that MicroStrategy, a company with leveraged exposure to Bitcoin, will likely outperform as Bitcoin rallies. Meanwhile, Michael Saylor, executive chairman of MicroStrategy, has signaled additional Bitcoin purchases, reaffirming his strategy of buying Bitcoin only with money he can afford to lose. Saylor's recent activity includes posting his Bitcoin tracker chart with indications of further acquisitions, underscoring continued institutional interest in Bitcoin amid optimistic market outlooks.