Bitwise Asset Management has raised its 10-year Bitcoin price target from $1.3 million to $1.6 million per bitcoin:native for 2026-2036. According to Chief Investment Officer Matt Hougan, this updated projection raises Bitwise’s estimated compound annual growth rate for the asset to 34.3% across the same timeframe. The revised outlook stems from accelerating fiat debasement, persistent global inflation, and structural growth across two primary addressable markets. @Bitwise projects the global store-of-value market to reach $110 trillion over the next decade, while the institutional investment pool is expected to expand to $303 trillion. Within these frameworks, Bitcoin serves dual roles: a non-sovereign competitor to traditional stores of value like gold, and a reliable strategic reserve asset for corporate treasuries looking to hedge liquidity risks. Beyond its role as a digital commodity, the analysis models Bitcoin as a self-sustaining service provider. It offers trustless, non-custodial wealth storage without subscription fees or centralized intermediaries. Because its supply remains strictly capped by code, increasing demand for its decentralized financial architecture directly drives its long-term value accrual. As macroeconomic uncertainties continue to push capital toward non-fiat alternatives, institutional adoption is positioning Bitcoin for its next evolutionary phase.