Pantera Bitcoin Fund Hits 1,000X Return, Predicts BTC At $740,000 By 2028
Pantera Bitcoin Fund has achieved a monumental milestone, delivering a lifetime return of 1,000x, or 131,165% net of fees, since its inception.
What Happened: Pantera’s founder, Dan Morehead, remains bullish on Bitcoin‘s (CRYPTO: BTC) long-term potential, projecting the cryptocurrency could reach $740,000 by April 2028.
“This milestone reflects not only Bitcoin’s incredible growth but also the fundamental belief in its transformative power,” Morehead stated. “When we launched this fund, our goal was to capture the asymmetric opportunities Bitcoin presents. We’re just getting started.”
Bitcoin’s price rally since the U.S. election has further bolstered Pantera’s confidence. Institutional adoption, driven by regulatory clarity and offerings from financial giants like BlackRock …
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