Golden Finance reports that Michael Mo, CEO of New York Stock Exchange-listed company KULR Technology, said that driven by increasing global adoption, he predicts that Bitcoin may reach a peak of $200,000 in the 2025 market cycle. Mo said: “The biggest catalyst is the adoption of strategic BTC reserves by countries and states. The United States, Germany, Switzerland and other (countries) are currently studying the possibility of this strategy.” KULR Technology Group purchased over $21 million worth of Bitcoin on January 6 at an average price of $97,391. The $21 million purchase occurred just hours before Bitcoin regained the $100,000 mark for the first time since December 19, data shows.