Cathie Wood’s ARK Invest Puts Bitcoin At $1 Million By 2030
Investment firm ARK Invest has revealed its bullish outlook for bitcoin. It is not the first time that the company would be taking such a bullish stand on the digital asset. But it is the first time that it is putting the price of the cryptocurrency at such a high price point. This comes following the recent market crash that saw bitcoin lose about 50% of its all-time high value but this has done nothing to deter the firm from seeing a largely successful future for the digital asset. Bitcoin At $1 Million The latest prediction from the investment firm came in a recently published report....
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Without a doubt, Cathie Wood has been one of the most vocal proponents of Bitcoin’s technology and value on Wall Street. Her fund Ark Invest was the first ever institutional fund to invest in through Grayscale Bitcoin Trust (GBTC) in 2015, which was when Bitcoin was only worth 200 dollars. One of Wood’s signature funds, […]
ARK Invest CEO Cathie Wood has been a long-time supporter of Bitcoin. The CEO had taken the bold step and become one of the first managers of a public fund to actually support the digital asset openly. ARK Invest had gone on to make some investments related to the cryptocurrency such as buying shares of Coinbase, the first crypto exchange to go public, and holding significant shares in the Grayscale Bitcoin Trust (GBTC). Now, the CEO has once more reiterated her belief in the long-term potential of the digital asset. Bitcoin Headed To $1 Million Over the last year, Cathie Wood has had some....
Throughout the years, ARK Invest CEO Cathie Wood has been a fan of blockchain technology and cryptocurrencies. In fact, Ark was the first ever public fund to invest in Bitcoin back in 2015 through the Grayscale Bitcoin Trust (GBTC). With cryptocurrency exchange giant Coinbase direct listing on the NASDAQ earlier last week, Wood’s various ARK […]
On Monday, famous investor Cathie Wood’s eye-catching fund sold over 98,000 shares of Coinbase.
Cathie Wood’s Ark Investment Management has reportedly purchased $19,872,939 worth of bitcoin.