From Nasdaq: 2025-05-28 04:14:00

Cathie Wood’s ARK Investment Management is bullish on Bitcoin, forecasting a potential price of $1.5 million by 2030, a 1,276% increase from the current $109,000 price. ARK recently revised its bull case to $2.4 million, implying a 2,101% increase. However, the feasibility of this target is debatable given Bitcoin’s lack of revenue and earnings.

Bitcoin’s unique qualities include decentralization, scarcity with 21 million total coins, and blockchain technology. ARK points to institutional investment, Bitcoin as digital gold, and an emerging-market currency as primary catalysts for its $2.4 million price target by 2030. These three catalysts are expected to contribute 92.5% of the target value.

ARK’s $2.4 million price target for Bitcoin seems ambitious, considering the lack of revenue and earnings. The target would require a market capitalization of $50.4 trillion, surpassing even the largest companies like Microsoft. While Bitcoin is often compared to gold, its value is still far from ARK’s projection, making the target seem unrealistic.

Investors should consider the risks before investing $1,000 in Bitcoin. The Motley Fool Stock Advisor team has identified 10 stocks for potential high returns, excluding Bitcoin. The team has a history of outperforming the market, with an average return of 957%, compared to the S&P 500’s 167%. Joining Stock Advisor provides access to the latest top stock picks.



Read more at Nasdaq: 1 Unstoppable Cryptocurrency to Buy Before It Soars 2,101%, According to Cathie Wood’s ARK Invest