Cathie Wood Reiterates Her $1 Million Bitcoin Bet

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Cathie Wood Reiterates Her $1 Million Bitcoin Bet
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Ark Invest's Cathie Wood is bullish on bitcoin and ether, forecasting the former's price to soar to $1 million by 2030.

Ark Invest’s Cathie Wood is bullish on bitcoin and ether, forecasting the former’s price to soar to $1 million by 2030.

She also seems unfazed by the price crash of Grayscale’s Bitcoin Trust since her company purchased additional 176,945 shares.of the crypto exchange FTX deepened the problems in the crypto sector and vaporized much of the investor interest. Even the most optimistic industry participants believe it will take a long time for the market to get back on its feet, while others don’t see it happening at all.

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