Cathie Wood Believes Bitcoin Could Reach $1 Million in Value
Cathie Wood, the CEO of ARK Investment Management, expressed her bullish outlook on Bitcoin in a recent interview with Brazilian financial news portal Infomoney. Wood believes that Bitcoin has the potential to reach a value of $1 million per coin in the future. Drawing a comparison to gold, which is a trillion-dollar asset, Wood sees Bitcoin as a decentralized, private alternative to traditional currencies that could garner a significant share of the market. She emphasized that Bitcoin’s scarcity, security, and growing acceptance within the investment community are key factors contributing to its value.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
