Financial author Robert Kiyosaki endorses Cathie Wood’s (Ark Invest CEO) bold prediction of Bitcoin reaching $2.3 million.
Cathie Wood’s asset management firm Ark Invest has predicted that the price of Bitcoin (BTC) could soar to $2.3 million if institutions allocated a substantial portion of their investable asset base to it.
The asset manager made the prediction in its research report named Big Ideas 2024, explaining the hypothetical impact that institutional investments and allocations from the global $250 trillion investable asset base would have on BTC’s price.