⸺ Bull case · January 11, 2024 ⸺
Cathie Wood
Founder & CEO, ARK InvestInvestor
“We think the probability of the bull case has increased with this SEC approval. This is a green light.”
Price at the call
$46,353
Today
$61,577
Target · 2030
$1.5M
Boldness of the call×32.4
Progress to target1%
Needs another ×24.4 from today’s $61,577.
If you’d listened
×1.33
+33% since the call
Annualized audacity
79%/yr
required return per year
Skin in the game
64/100
ARK holds BTC across its ETFs — client capital at risk.
ARK publishes some of Wall Street's highest Bitcoin targets — a $1.5M bull case for 2030, alongside a ~$683k base case. Made the day the spot ETFs were approved. (ARK trimmed the bull case toward $1.2M in late 2025, citing stablecoins; $1.5M remains the headline number.)