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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Comment（20）

Wangal
·2021-02-12
?
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stormlee
·2021-02-11
Great buy!!!
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Jadeyjade
·2021-02-10
Wow
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lynnc
·2021-02-10
BTC
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1
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JeryChan
·2021-02-10
Buy
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Ahvi
·2021-02-10
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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2
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Cheeky
·2021-02-10
Really going to increase by $400,000?
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- ZEROHERO:
  $100k by 2021 first. Can consider buying some BTC & some TSLA as they will be intertwined from now on
  2021-02-10
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ZEROHERO
·2021-02-10
BTC based company will replace traditional asset based company over time. TSLA is thefirst in S&P 500 leading the charge.
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- Alvin11:
  nice
  2021-02-10
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- angelA:
  Wow
  2021-02-10
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ZEROHERO
·2021-02-10
Co will constantly maintain high valuation as long as BTC is in demand. Most MNC will follow suit. This will forever change a company’s financial position with BTC included as an asset. Traditional asset based co will go into history.
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1
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- angelA:
  [贱笑]
  2021-02-10
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HorngWey
·2021-02-10
Time to buy BTC
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Dystinvest
·2021-02-10
Nice
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1
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ck1986
·2021-02-10
Hmm, 400k, would it be too optimizing?
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- ck1986:
  ya super long term may be [财迷]
  2021-02-10
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- Dystinvest:
  Maybe in long term??
  2021-02-10
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yinghao94
·2021-02-10
Wow
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yinghao94
·2021-02-10
Never underestimate block chains
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1
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HorngWey
·2021-02-10
Wow
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1
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JerriMaya
·2021-02-10
?
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MinghaoMoola
·2021-02-10
Wow
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牛与熊
·2021-02-10
Wow
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Carr
·2021-02-10
Wish I had the money to buy BTC
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3
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NELSONCY
·2021-02-10
Time to buy some BTC. :D
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- NELSONCY:
  bought some... [龇牙]
  2021-02-15
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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":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":388733009,"gmtCreate":1613094237501,"gmtModify":1704878349126,"author":{"id":"3575580168546148","authorId":"3575580168546148","name":"Wangal","avatar":"https://static.tigerbbs.com/800f70a7feba8b3bc44da842ec3567a6","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/388733009","repostId":2110957120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":388867962,"gmtCreate":1613049025356,"gmtModify":1704877754612,"author":{"id":"3571959390768435","authorId":"3571959390768435","name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"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://ttm.financial/post/388867962","repostId":2110957120,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":381357212,"gmtCreate":1612936499836,"gmtModify":1704876214631,"author":{"id":"3574732344633912","authorId":"3574732344633912","name":"Jadeyjade","avatar":"https://static.tigerbbs.com/80083514dbd035526b390097ed3b3862","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/381357212","repostId":2110957120,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":381316146,"gmtCreate":1612930575885,"gmtModify":1704876156052,"author":{"id":"3554112040396223","authorId":"3554112040396223","name":"lynnc","avatar":"https://static.tigerbbs.com/92d14ca978aaee02e839189c4b0710ac","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"BTC","listText":"BTC","text":"BTC","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/381316146","repostId":2110957120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":381974775,"gmtCreate":1612926572097,"gmtModify":1704876105767,"author":{"id":"3569941662599107","authorId":"3569941662599107","name":"JeryChan","avatar":"https://static.tigerbbs.com/9c16551a836b0a9cef0544668f2d9919","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/381974775","repostId":2110957120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":381978304,"gmtCreate":1612925996008,"gmtModify":1704876099835,"author":{"id":"3574166160473753","authorId":"3574166160473753","name":"Ahvi","avatar":"https://static.tigerbbs.com/bd216b3fbf19641a7fe648254585ce79","vip":1,"crmLevel":1,"crmLevelSwitch":0},"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://ttm.financial/post/381978304","repostId":2110957120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":381946046,"gmtCreate":1612925086685,"gmtModify":1704876086875,"author":{"id":"3561233568979981","authorId":"3561233568979981","name":"Cheeky","avatar":"https://static.tigerbbs.com/caa70a08acd48b06b89dcf3b73c84840","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Really going to increase by $400,000?","listText":"Really going to increase by $400,000?","text":"Really going to increase by $400,000?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/381946046","repostId":2110957120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3533295,"gmtCreate":1612925235069,"gmtModify":1680776349790,"authorId":3566532164444643,"author":{"id":3566532164444643,"authorId":3566532164444643,"name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.05","exceedPercentage":"93.68%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.06.24","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":381946046,"type":1,"supId":0,"prevId":0,"content":"$100k by 2021 first. Can consider buying some BTC &amp; some TSLA as they will be intertwined from now on","text":"$100k by 2021 first. Can consider buying some BTC &amp; some TSLA as they will be intertwined from now on","html":"$100k by 2021 first. Can consider buying some BTC &amp; some TSLA as they will be intertwined from now on"}],"langContent":"EN"},{"id":381948646,"gmtCreate":1612925019885,"gmtModify":1704876086710,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":1},"htmlText":"BTC based company will replace traditional asset based company over time. TSLA is thefirst in S&amp;P 500 leading the charge.","listText":"BTC based company will replace traditional asset based company over time. TSLA is thefirst in S&amp;P 500 leading the charge.","text":"BTC based company will replace traditional asset based company over time. TSLA is thefirst in S&P 500 leading the charge.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/381948646","repostId":2110957120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3534513,"gmtCreate":1612935921516,"gmtModify":1680776370915,"authorId":3561979574788278,"author":{"id":3561979574788278,"authorId":3561979574788278,"name":"Alvin11","avatar":"https://static.tigerbbs.com/27a4adf8005c146160b79149832e81b7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":381948646,"type":1,"supId":3534416,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":3534416,"gmtCreate":1612934792421,"gmtModify":1663223109242,"authorId":3566524398877459,"author":{"id":3566524398877459,"authorId":3566524398877459,"name":"angelA","avatar":"https://static.tigerbbs.com/e50185d396d432695a2f2d904ac22dda","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":381948646,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"}],"langContent":"EN"},{"id":381954965,"gmtCreate":1612924312657,"gmtModify":1704876077909,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":1},"htmlText":"Co will constantly maintain high valuation as long as BTC is in demand. Most MNC will follow suit. This will forever&nbsp;change a&nbsp;company’s financial position&nbsp;with&nbsp;BTC included as an asset. Traditional asset&nbsp;based co will&nbsp;go&nbsp;into history.","listText":"Co will constantly maintain high valuation as long as BTC is in demand. Most MNC will follow suit. This will forever&nbsp;change a&nbsp;company’s financial position&nbsp;with&nbsp;BTC included as an asset. Traditional asset&nbsp;based co will&nbsp;go&nbsp;into history.","text":"Co will constantly maintain high valuation as long as BTC is in demand. Most MNC will follow suit. This will forever change a company’s financial position with BTC included as an asset. Traditional asset based co will go into 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