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Exodus CFO James Gernetzke: Bitcoin reaching a price of 150,000 USD is just around the corner.
James Gernetzke, chief financial officer of Exodus Movement Inc (NYSE codename EXOD), said in an interview with Schwab Network that bitcoin will continue to rise for a long time, and the price of bitcoin reaching $150,000 is just around the corner, and its rise will support the dollar. Exodus Movement, Inc., a U.S.-based fintech company operating blockchain and digital assets, founded in 2015 and headquartered in Omaha, Nebraska, has developed the Exodus platform and self-custodial cryptocurrency wallet that supports more than forty blockchains such as Bitcoin, Ethereum and Solana, with Exodus partnering with the Ledger and Magic Eden platforms. Exodus went public on the New York Stock Exchange on January 8 this year, and the current share price is $34, according to the company's 2025 Q1 earnings report, first-quarter revenue reached $36 million, an increase of 24% compared to last year's Q1.
The CFO of Exodus believes that Bitcoin will reach 150,000 USD.
In the past month, Bitcoin has risen by about 15%, and over the past year, it has increased by about 55%. James Gernetzke, CFO of Exodus Movement Inc, believes that the market sentiment driving this bull market is characterized by systematic FOMO emotions, with retail investors fearing they might miss this opportunity, causing waves of sentiment to peak. The approval of ETFs makes it more convenient for retail investors and is quite favorable for Bitcoin. When asked by the host of Schwab Network how high Bitcoin's price might reach in the future, he stated that the price of Bitcoin is expected to look up to $150,000, almost right around the corner ( just around the corner ).
James Gernetzke believes that Bitcoin can make up about 10% of a personal investment portfolio. In an interview, he took the opportunity to promote the Exodus Wallet, which allows retail investors to self-custody their Crypto Assets, unlike other exchanges. James Gernetzke has previously appeared on a New York Stock Exchange program stating that the crypto space has experienced a crypto winter, but customers using Exodus are very loyal, believing that only self-custody Wallets can ensure the retention of their private keys.
The research director of Eaglebrook stated that the clarification of the cryptocurrency regulatory framework has catalyzed market enthusiasm.
Damon Polistina, director of financial research at Eaglebrook, said that bitcoin still has a lot of room to grow, and since the past few months, the U.S. government, state governments, and the SEC have all approved a regulatory framework for cryptocurrencies, giving the public, who were skeptical of bitcoin in the past or believe that cryptocurrencies are Ponzi schemes, trust in cryptocurrencies, and many follow Strategy (MSR)'s pace, investing in bitcoin as a reserve asset that can be held for a long time, coupled with the Trump administration's friendly policy on cryptocurrencies, the passage of the Genius Act, the promotion of bitcoin strategic reserves in New Hampshire and Texas, and other comprehensive factors have catalyzed the market heat of cryptocurrencies. Pure market observation is not any investment advice.
This article by Exodus CFO James Gernetzke: Bitcoin reaching a price of $150,000 is just around the corner, first appeared in Chain News ABMedia.