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Ark Invest predicts a $2.4M bitcoin in 2030 with a bull case scenario ! 🤯🤯🤯
What ? That’s a 2400% increase from the current price of bitcoin ! How is this possible ? 😱
In one word, demand !
* Twenty One Capital, a new Bitcoin-focused company backed by Tether, SoftBank Group, and Jack Mallers, is holding 42,000 Bitcoin and increasing its exposure over time. Jack Mallers has made it no secret that the business model is simple, accumulate as much bitcoin as possible.
* Michael Saylor’s Strategy has amped up their bitcoin purchases recently and now hold 550,000 bitcoin. In addition Michael personally holds over 17,000 bitcoin.
* Bitcoin ETF’s are absorbing hundreds of thousands of bitcoin.
* Sovereign wealth funds are reallocating away from gold and into Bitcoin.
All of this adds fuel to the long-term supply shock. According to Ark Invest, what started as a $500,000 per BTC forecast for 2030 has now been revised upward to $2.4 million . 5 replies
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