Arthur Hayes: AI Debt Bust Could Spur Money Printing and Push Bitcoin to $1 Million

Arthur Hayes said an AI-driven debt bust could lead to renewed money printing and potentially lift Bitcoin to $1 million. According to NS3.AI, Hayes made the comments in a Substack essay that discussed the scale of borrowing tied to artificial intelligence. In the essay, Hayes wrote that roughly $1.5 trillion in AI-related debt was issued between November 2022 and mid-2026. He argued that a bust in that debt cycle could prompt policymakers to respond with additional liquidity measures, which he believes would be supportive for Bitcoin.