Bitcoin At $1M By 2030: Why Cathie Wood Remains Confident In Bold Bet

Bitcoin At $1M By 2030: Why Cathie Wood Remains Confident In Bold Bet


Following news that Ark Invest has made investments into Grayscale’s heavily discounted Bitcoin fund, CEO Cathie Wood is doubling down on a bold bet that the top cryptocurrency will reach $1M per coin by 2030.

Is such a lofty price prediction realistic, considering the recent collapse of the crypto market? And can Wood’s call be trusted after the ARK Innovation ETF’s decline that is on par with Bitcoin? Here are all the factors behind the $1M per BTC target in less than a decade.

Cathie Wood says Bitcoin will be worth 1 million per coin by 2030 https://t.co/GQFkjlb8vc pic.twitter.com/L8mw8u0SZO

— Bloomberg Wealth (@wealth) November 22, 2022

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Cathie Wood: Yes, Bitcoin Will Hit $1M By 2030

In an interview with Bloomberg, Ark Invest CEO

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