Ark Invest Predicts Bitcoin to Reach $1.5 Million by 2030

Ark Invest believes Bitcoin’s adoption is accelerating, driving the price towards a potential high of $1.5 million per coin by 2030. The firm highlights increasing investment from institutions, corporations, and governments as key drivers for this expected growth. Ark outlines three possible scenarios for BTC’s price in 2030: a Bear Case at $300,000 with a CAGR of ~21%, a Base Case at $710,000 with a CAGR of ~40%, and a Bull Case hitting $1.5 million per Bitcoin with a CAGR of ~58%. The projections consider factors like institutional investment, digital gold’s role as an inflation hedge, and emerging market safe haven status.