ARK Invest Predicts Bitcoin Could Reach $1.5M by 2030
ARK Invest Predicts Bitcoin Could Reach $1.5M by 2030

ARK Invest Predicts Bitcoin Could Reach $1.5M by 2030

News summary

ARK Invest has released its 'Big Ideas 2025' report, predicting that Bitcoin could reach as high as $1.5 million by 2030 in a bullish scenario, with a base case of $710,000 and a worst-case scenario of $300,000. The firm's optimistic outlook is driven by increasing institutional investment, corporate adoption, and Bitcoin's potential role as a global reserve asset. Notably, 74 public companies now hold Bitcoin valued at approximately $55 billion, highlighting a significant rise in corporate interest. The report also emphasizes the impact of spot Bitcoin exchange-traded funds (ETFs), which have seen record inflows, boosting confidence in Bitcoin as an asset class. Additionally, ARK notes that Bitcoin's supply dynamics, including a record percentage of long-term holders, and the upcoming fourth halving could further support price appreciation. Overall, ARK's analysis portrays a robust future for Bitcoin amidst growing adoption and market confidence.

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