Arthur Hayes: AI spending boom will trigger a financial crisis and send Bitcoin past $1M
- —Hayes expects AI capex growth to stall in mid-to-late 2027 and stagnate in 2028
- —He likens the data center build-out to a credit-fueled commercial real estate bubble
- —He predicts the bailout will dwarf post-2008 stimulus and push Bitcoin above $1 million
- —Hayes is launching Flop, an AI-agent payments venture, expected in Q1 2027
Why it matters: The forecast ties a future credit crisis to liquidity flowing into Bitcoin, framing a bullish scenario for crypto through 2027–2028.
Source: Cryptopolitan