Cathie WoodFounder and CEO of ARK Invest, known for bold price targets on Tesla and Bitcoin.
If we're right and companies continue to diversify their cash into something like Bitcoin, and institutional investors start allocating 5% of their funds in Bitcoin […] we believe the price will be ten-fold what it is today. Instead of $45,000, over $500,000.
CNBC, SALT Conference (reported by Bitcoin Magazine) · Sep 13, 2021 · source · hindsight clip
Normalized claim
Bitcoin will trade above $500,000 within five years of September 2021.
Confidence
Sounded fairly sure
Deadline
Sep 13, 2026 · our reading
Resolution rule
Hit if Bitcoin's daily close exceeded $500,000 on any day on or before 2026-09-13 (CoinMarketCap). Miss otherwise.
Crowd vote
No crowd votes were recorded.
Voting closed at the deadline.
More from Cathie Wood
We've been very focused on his autonomous taxi network opportunity, which we think could take the stock to $4,000. This is over the next five years. We could see Tesla going to $4,000.
DUE