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 · Sep 13, 2021 · source
Admitted by the site's editor alone — Seeded by the site owner at launch; single-operator admission (ADR-0012).
Normalized claim
Bitcoin will trade above $500,000 within five years of September 2021.
Confidence
medium (60%)
Deadline
Sep 13, 2026 · inferred
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