Here's How Much $100 In Bitcoin Could Be Worth In 2030 If Cathie Wood's Price Target Is Reached [Yahoo! Finance]
Robinhood Markets, Inc. - Class A (HOOD)
Company Research
Source: Yahoo! Finance
and asset allocators wanting to invest in the top cryptocurrency, will contribute to the growth of Bitcoin. (Source: Benzinga) Cathie Wood, CEO of Ark Invest, has shared price targets for Bitcoin, including a high of $3.8 million for BTC by the year 2030, with a bull case, base case, and bear case of $1,480,000, $682,000, and $258,500 respectively. (Source: Benzinga) The approval of Bitcoin ETFs has increased the probability of the bull case, according to Wood, who believes that institutional investors will allocate a little more than 5% of their portfolios to Bitcoin over time, leading to a higher price target of $3.8 million. (Source: Benzinga) Ark Invest is not only investing in Bitcoin but also in crypto-related companies, with Coinbase Holdings and Robinhood Markets being among its largest holdings in the flagship Ark Innovation ETF. (Source: Benzinga) If Wood's price targets are reached, a $100 investment in Bitcoin today could be worth $289.52 (bear case), $763.84 (base
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News
- Robinhood Markets, Inc. Reports January 2025 Operating DataGlobeNewswire
- Robinhood Stock Hits All-Time High as Soaring Crypto Trading Powers Q4 Profit [Yahoo! Finance]Yahoo! Finance
- Robinhood’s Strong Crypto Quarter Signals Wider Retail Adoption [Forbes]Forbes
- Robinhood, MGM Resorts, Trade Desk: Market Minute [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
HOOD
Earnings
- 2/12/25 - Beat
HOOD
Sec Filings
- 2/14/25 - Form 144
- 2/14/25 - Form SCHEDULE
- 2/13/25 - Form 144
- HOOD's page on the SEC website