Bitcoin could hit $250,000 if U.S. companies opt to do this, says Cathie Wood

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Cathie Wood, the chief executive of ARK Invest and manager of the popular ARK Innovation exchange-traded fund, says that a single bitcoin could be valued at...

Cathie Wood, the chief executive of ARK Invest and manager of the popular ARK Innovation exchange-traded fund, said that a single bitcoin could be valued at $200,000 more than its current price if more corporations added the cryptocurrency to their balance sheets.

Wood said that she doubts that such balance-sheet moves by corporations will happen quickly and expects that bitcoin will need to further mature before there is broad-based inclusion. Wood said she was surprised, however, by the current pace of companies incorporating bitcoin in their books.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

At this point the governments of the world are not eccepting it because it subverts their authority so two things will happen bitcoin will win and take over the world or governments will win I’m gonna go with governments.

She is full of Elon musk supporter. She just keep trying make him healthy. Like today Tesla will growing more bitcoins going to $250,000. Just ppl trying to market push up

On the day you can trade stocks with Bitcoin would monetary policy matter thereafter?

Bitcoin was valued at less than $1 at one point and you all are still hating on it 😂

Ludsomewhere see

Yea, move your money into crypto for a perfect crash!

Esta señora está mal de la cabeza, le va a quebrar medio portfolio.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines