Cathie Wood Reiterates a $1M Price Target on Bitcoin at Miami Conference
- Date: 08-Apr-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Cathie Wood Reiterates a $1M Price Target on Bitcoin at Miami Conference
By Carjuan Cruz
Investing.com - Cathie Wood reiterated her bullish stance on Bitcoin at the Bitcoin 2022 conference in Miami this week, as the Ark Invest founder renewed her call for the cryptocurrency to reach $1M by 2030 in a presentation yesterday.
"Bitcoin is the first open-source, global private digital rules-based monetary system in the history of the world. It's a very big idea," noted the investor at her "The Future is Bright" conference, a talk alongside MicroStrategy (NASDAQ:MSTR) CEO Michael Saylor, another prominent Bitcoin bull.
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