Bitcoin (CRYPTO: BTC) has rallied in 2023 with the leading cryptocurrency up 63% year-to-date. There could be more upside for Bitcoin in years to come, with many industry leaders having price targets that are significantly higher than today's price.
Ark Invest CEO Cathie Wood is among the financial experts who see more upside coming in Bitcoin.
Here's a look at how Wood's price prediction could pay off for investors.
What Happened: Over the years, Wood has been a strong believer in Bitcoin and has supported progressively higher price targets.
Her price targets of $400,000 and $500,000 by 2030 were eventually raised to $1 million, a number she's backed multiple times.
Wood said the price of Bitcoin could rise if corporations put 1% to 10% of their cash balance into Bitcoin, a comment that came after Tesla, Square and other companies added the leading cryptocurrency to their balance sheets.
"We are very optimistic about Bitcoin in particular," Wood told Benzinga in an interview.
Bitcoin hit an all-time high of $68,789.63 in November 2021 and saw a decline in its price in 2022 after the bankruptcy and collapse of several major cryptocurrency companies.
Despite setbacks in the crypto sector, Wood has remained positive on the future of digital assets in recent interviews.
"Sometimes you need to battle test, go through crises, to see the real survivors," Wood told Bloomberg.
In an interview with Yahoo Finance, Wood highlighted Bitcoin as a safety net for investors.
"Hyperinflation all over the world as their currencies have fallen apart, those populations need a fallback – an insurance policy like Bitcoin," Wood said.
In its latest Big Ideas report, Ark Invest laid out several price targets for Bitcoin. The research report put together by Ark Invest sees Bitcoin hitting price targets in 2030 of $258,500 in the bearish forecast, $682,000 in an average market, and $1.48 million in a bullish market.
Wood and Ark Funds remain bullish on Bitcoin and have increased their holdings in many ETFs to coincide with this thesis.
Cryptocurrency trading platform Coinbase Global (NASDAQ:COIN) is among the top holdings in the Ark Next Generation Internet ETF (NYSE:ARKW), Ark Fintech Innovation ETF (NYSE:ARKF) and Ark Innovation ETF (NYSE:ARKK).
The Grayscale Bitcoin Trust (OTC:GBTC) is also a top ten holding in the Ark Next Generation Internet ETF.
Investing $100 in Bitcoin: Here's a look at how much an investment in Bitcoin today would be worth under various price targets from Wood and Ark Invest.
A $100 investment today could buy 0.003667 BTC based on a price of $27,266.67 at the time of writing.
If Bitcoin hits $1 million as predicted by Wood several times, the $100 investment would be worth $3,667.
Here's a look at the returns under the price targets from the Big Ideas report.
Bear case, $258,500: $100 today would be worth $947.92.
Base case, $682,000: $100 today would be worth $2,500.89.
Bull case, $1.48 million: $100 today would be worth $5,427.18.
Photo: Benzinga YouTube and MidJourney
比特幣（加密貨幣：BTC）在2023年上漲，主要的加密貨幣今年迄今上漲了63％。在未來幾年中，比特幣可能會有更大的上行空間，許多行業領導者的目標價格明顯高於今天的價格。
方舟投資首席執行官凱西·伍德是認爲比特幣有更多上行空間的金融專家之一。
以下是伍德的價格預測如何爲投資者帶來回報。
發生了什麼：多年來，伍德一直是比特幣的堅定信徒，並支持逐步提高的價格目標。
她的目標股價爲40萬美元，到2030年爲50萬美元，最終提高到100萬美元，這一數字她曾多次支持。
伍德說，如果企業將現金餘額的1％至10％存入比特幣，比特幣的價格可能會上漲。這是在特斯拉、Square和其他公司將領先的加密貨幣添加到資產負債表之後發表的。
伍德在接受採訪時告訴本辛加：“我們特別對比特幣非常樂觀。”
比特幣在2021年11月創下68,789.63美元的歷史新高，在幾家主要的加密貨幣公司破產和倒閉後，其價格在2022年下跌。
儘管加密領域遇到了挫折，但伍德在最近的採訪中對數字資產的未來仍然持樂觀態度。
伍德告訴彭博社：“有時候你需要面對考驗，經歷危機，才能看到真正的倖存者。”
伍德在接受雅虎財經採訪時強調比特幣是投資者的安全網。
伍德說：“世界各地的惡性通貨膨脹隨着其貨幣的崩潰，這些人群需要後備措施——像比特幣這樣的保險單。”
在其最新的Big Ideas報告中，Ark Invest爲比特幣設定了幾個價格目標。方舟投資編寫的研究報告顯示，比特幣將在2030年達到目標股價，在看跌的預測中爲258,500美元，平均市場爲68.2萬美元，看漲市場爲148萬美元。
伍德和方舟基金仍然看好比特幣，並增加了其在許多ETF中的持有量，以符合這一論點。
加密貨幣交易平台Coinbase Global（納斯達克股票代碼：COIN）是方舟下一代互聯網ETF（紐約證券交易所代碼：ARKW）、方舟金融科技創新ETF（紐約證券交易所代碼：ARKF）和方舟創新ETF（紐約證券交易所代碼：ARKK）的最大持股量之一。
灰度比特幣信託（場外交易代碼：GBTC）也是方舟下一代互聯網ETF的前十大持股。
投資100美元比特幣：以下是當今在Wood和Ark Invest的各種目標價格下對比特幣的投資的價值。
根據撰寫本文時27,266.67美元的價格計算，今天的100美元投資可以買入0.003667比特幣。
如果比特幣像伍德多次預測的那樣達到100萬美元，那麼100美元的投資將價值3,667美元。
以下是Big Ideas報告中目標股價下的回報。
Bear Case，258,500美元：今天的100美元價值947.92美元。
基本案例，68.2萬美元：今天的100美元將價值2500.89美元。
牛市，148萬美元：今天的100美元將價值5,427.18美元。
照片：本辛加 YouTube 和 MidJourney
