Cathie Wood, founder of ARK Invest, forecasts Bitcoin will reach between $710,000 and $800,000 by 2030 in her base case, with bullish scenarios climbing as high as $2.4 million. At Bitcoin’s approximate price of $81,500 in April 2025, the base case alone represents a potential gain of roughly 1,665%. ARK’s flagship Big Ideas report projects Bitcoin’s market cap climbing to approximately $16 trillion by 2030, with supply expected near 20.5 million coins. Key drivers cited include spot Bitcoin ETFs, corporate treasury adoption, and a correlation with gold that has remained at just 0.14 since 2019. Wood trimmed the top of her bull-case range from $1.5 million to $1.2 million, attributing the revision to stablecoins absorbing some transaction and store-of-value demand previously credited to Bitcoin.
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