Ark's Cathie Wood explains how bitcoin could increase by $400,000

Yahoo Finance2021-02-10

Even before Tesla (TSLA) surprised the crypto markets with news of its $1.5 billion bitcoin (BTC-USD) buy in January, disruption investor Cathie Wood and her team at Ark Invest had been modeling for ...

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精彩评论

Wangal
2021-02-12
Wangal
🌙
stormlee
2021-02-11
stormlee
Great buy!!!
Jadeyjade
2021-02-10
Jadeyjade
Wow
lynnc
2021-02-10
lynnc
BTC
JeryChan
2021-02-10
JeryChan
Buy
Ahvi
2021-02-10
Ahvi
BTC is very volatile. At this point while it would be conjecture to think it would rise by $400000USD, I think it is only a matter of time. The million-dollar question is when exactly? If you are going into BTC/ETH or other crypto beprepared for the crazy volatility!

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If those companies moved 10% of their cash to bitcoin, Ark sees the cryptocurrency climbing by $400,000.Ark Invest: Big Ideas 2021Speaking to Yahoo Finance Presents shortly before Tesla became the first non-fintech Fortune 100 company to load up on bitcoin, Wood called Square (SQ) and MicroStrategy’s (MSTR) earlier bitcoin moves bullish for crypto and a roadmap for public companies to deploy bitcoin as a legitimate alternative to cash.“What surprised me and us generally was to watch MicroStrategy — which has put... all the cash on its balance sheet into bitcoin — even did another equity offering so it could put more cash on its balance sheet. And I think that's a little crazy, because I think the regulators will have something to say about this,” Wood said. “But, then you saw Square put 1% of all of its assets in Bitcoin and I think you're going to see more of that.”Tesla’s recent bitcoin investment amounts to about 8% of the company’s cash reserves.Wood’s call for bitcoin to go higher this year has already been proven right. BTC hit an all time high of nearly $48,000 on Tuesday.“Bitcoin is only [at] roughly a $600 billion market cap,” Wood says. “So even half the size of Apple or Amazon, right now. Doesn't that put it into perspective? And yet, it is a very big idea, I think. A much bigger idea than Apple or Amazon.”","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":388733009,"gmtCreate":1613094237501,"gmtModify":1634554555335,"author":{"id":"3575580168546148","authorId":"3575580168546148","name":"Wangal","avatar":"https://static.tigerbbs.com/800f70a7feba8b3bc44da842ec3567a6","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575580168546148","authorIdStr":"3575580168546148"},"htmlText":"🌙","listText":"🌙","text":"🌙","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/388733009","repostId":2110957120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":388867962,"gmtCreate":1613049025356,"gmtModify":1703768766862,"author":{"id":"3571959390768435","authorId":"3571959390768435","name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571959390768435","authorIdStr":"3571959390768435"},"htmlText":"Great buy!!!&nbsp;","listText":"Great buy!!!&nbsp;","text":"Great buy!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/388867962","repostId":2110957120,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":381357212,"gmtCreate":1612936499836,"gmtModify":1703767141394,"author":{"id":"3574732344633912","authorId":"3574732344633912","name":"Jadeyjade","avatar":"https://static.tigerbbs.com/80083514dbd035526b390097ed3b3862","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574732344633912","authorIdStr":"3574732344633912"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381357212","repostId":2110957120,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":381316146,"gmtCreate":1612930575885,"gmtModify":1703767078760,"author":{"id":"3554112040396223","authorId":"3554112040396223","name":"lynnc","avatar":"https://static.tigerbbs.com/92d14ca978aaee02e839189c4b0710ac","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3554112040396223","authorIdStr":"3554112040396223"},"htmlText":"BTC","listText":"BTC","text":"BTC","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381316146","repostId":2110957120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":381974775,"gmtCreate":1612926572097,"gmtModify":1703767025504,"author":{"id":"3569941662599107","authorId":"3569941662599107","name":"JeryChan","avatar":"https://static.tigerbbs.com/9c16551a836b0a9cef0544668f2d9919","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569941662599107","authorIdStr":"3569941662599107"},"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381974775","repostId":2110957120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":381978304,"gmtCreate":1612925996008,"gmtModify":1703767018917,"author":{"id":"3574166160473753","authorId":"3574166160473753","name":"Ahvi","avatar":"https://static.tigerbbs.com/bd216b3fbf19641a7fe648254585ce79","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574166160473753","authorIdStr":"3574166160473753"},"htmlText":"BTC is very volatile. At&nbsp;this point while&nbsp;it would be conjecture to think it would rise by $400000USD, I think it is only a matter of time. The million-dollar question is when exactly?&nbsp;If you are going into BTC/ETH or other crypto beprepared for the crazy volatility!","listText":"BTC is very volatile. At&nbsp;this point while&nbsp;it would be conjecture to think it would rise by $400000USD, I think it is only a matter of time. The million-dollar question is when exactly?&nbsp;If you are going into BTC/ETH or other crypto beprepared for the crazy volatility!","text":"BTC is very volatile. At this point while it would be conjecture to think it would rise by $400000USD, I think it is only a matter of time. The million-dollar question is when exactly? If you are going into BTC/ETH or other crypto beprepared for the crazy volatility!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381978304","repostId":2110957120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":30,"commentSize":20,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2110957120"}