Ark Invest CEO Cathie Wood forecasts Bitcoin could reach between $750,000 and $1.2 million by 2030. Speaking to Fox Business, Wood outlined her base and bull case scenarios, predicting significant growth driven by generational wealth transfer, emerging market adoption, and increased institutional allocations.
Wood's projections have evolved, with a recent adjustment lowering the bull-case target from $1.5 million to $1.2 million due to stablecoin adoption in emerging markets. Despite this, Wood remains confident in Bitcoin's potential, citing her personal investment history and the growing institutional infrastructure supporting Bitcoin ETFs as key factors.
Cathie Wood Projects Bitcoin to Hit $750K to $1.2M by 2030
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