Exodus CFO James Gernetzke: Bitcoin’s Price of $150,000 is Imminent
Exodus Movement Inc CFO Predicts Bitcoin Will Reach $150,000
James Gernetzke, CFO of Exodus Movement Inc (NYSE: EXOD), stated in an interview with Schwab Network that Bitcoin is expected to continue rising in the long term, with a price of $150,000 on the horizon. He believes this increase will support the strength of the dollar. Exodus Movement, Inc. is a fintech company operating in blockchain and digital assets in the United States, founded in 2015 and headquartered in Omaha, Nebraska. The company developed the Exodus platform and a self-custody cryptocurrency wallet that supports over forty blockchains, including Bitcoin, Ethereum, and Solana. Exodus partners with platforms such as Ledger and Magic Eden. Exodus went public on the New York Stock Exchange on January 8 of this year, with the current stock price at $34. According to the company’s Q1 2025 financial report, first-quarter revenue reached $36 million, a 24% increase compared to Q1 of last year.
Exodus CFO Believes Bitcoin Can Reach $150,000
In the past month, Bitcoin has risen about 15%, and over the past year, it has increased approximately 55%. James Gernetzke, CFO of Exodus Movement Inc, believes that the current bullish market sentiment is characterized by systematic FOMO (Fear of Missing Out), where retail investors are increasingly anxious about missing this opportunity. The approval of ETFs has made it easier for retail investors, which is very beneficial for Bitcoin. When asked by the host of Schwab Network how high he thinks Bitcoin’s price could go in the future, he said it is reasonable to expect Bitcoin to reach $150,000, which is “Right Around The Corner.”
James Gernetzke believes that Bitcoin could account for about 10% of a personal investment portfolio. In the interview, he also promoted the Exodus wallet, which allows retail investors to self-custody their cryptocurrencies, distinguishing it from other exchanges. Gernetzke previously appeared on a program on the New York Stock Exchange, stating that the cryptocurrency market experienced a crypto winter, but customers using Exodus remain loyal, believing that only self-custody wallets allow them to retain their private keys.
Eaglebrook Research Director Highlights Regulatory Clarity as a Catalyst for Market Enthusiasm
Damon Polistina, the financial research director at Eaglebrook, stated that Bitcoin still has significant room for growth. In recent months, the U.S. government, state governments, and the SEC have approved a regulatory framework for cryptocurrencies, which has fostered trust in cryptocurrencies among the public, including those who previously doubted Bitcoin or viewed cryptocurrencies as Ponzi schemes. Many have followed the steps of Strategy (MSR), treating Bitcoin investment as a long-term reserve asset. Additionally, factors such as the Trump administration’s friendly policies towards cryptocurrencies, the passage of the Genius Act, and initiatives in New Hampshire and Texas promoting Bitcoin as a strategic reserve have collectively fueled enthusiasm in the cryptocurrency market. This is purely market observation and not any investment advice.
Risk Warning
Investing in cryptocurrencies carries high risks, and their prices can be highly volatile. You may lose your entire principal. Please assess risks carefully.
