ARK Invest Chief Executive Officer Cathie Wood said the firm’s updated ‘bull case’ projects Bitcoin trading at “well over” $1 million within the next five years. Wood’s fresh outlook marks an increase from earlier public projections by the investment manager and underscores ARK’s conviction that the cryptocurrency will benefit from broader institutional adoption and its fixed supply. While she did not specify an exact target, Wood emphasised that the forecast applies to a five-year time frame, implying a potential seven-figure valuation by roughly 2030.