ARK Invest has increased its rate of bitcoin cost from $ 500 thousand to $ 2.4 million by 2030, depending on the market conditions. Such an assessment was voiced by ARK analyst David Pwel on the basis of an updated method of predicting bitcoin prices, while previous forecasts of the company made up from $ 300 thousand to $ 1.5 million for the same period. He writes about this RBC Crypto.
ARK Invest runs exchange funds (ETF), some of which are buying shares of cryptocurrencies and funds, as well as one of the Bitcoin-ETF issuers in the USA-Ark 21Shares Bitcoin ETF (Arkb), which is controlled by more than $ 4.9 billion in Bitcoin on April 25, according to Sosovalue.
For several years, the head of Katie Wood has been predicting the cost of one bitcoin more than $ 1 million by 2030. Her opinion is based on the unique decentralized qualities of the first cryptocurrency and a limited sentence (the amount of bitcoin is limited to 21 million coins).
David Pewell is known in the crypto community by the development of a popular hectic indictor Puell Multiple, designed to analyze the long-term market cycles based on miner-based mining.
In its forecast, ARK suggests that there are six main sources of capital receipt to the Bitcoin market:
1. Institutional investment. ARK suggests that on a global scale, institutional companies will allocate a share of their portfolio for bitcoin.
2. Digital gold. This assumption means that bitcoin will be used by investors as an alternative to ordinary gold.
3. Protective asset for hedging the value of capital in developing markets. According to ARK, this option for using bitcoin has the greatest potential for the influx of capital.
4. State investments. The report marks states such as Salvador and Bhutan, accumulating bitcoin.
In 2021, Salvador recognized Bitcoin as a legal payment vehicle. In recent years, the government, by decision of the President Nayib Buyle, has been buying about 1 BTC per day. On April 25, 6157 BTC (about $ 580 million at the current rate) were accumulated on Salvador’s wallet. In recent years, Butan has obtained bitcoins for millions of dollars, having rely on cryptocurrency as a means of maintaining the economy. The Kingdom cryptocurrency is stored on the wallet of the Druk Holding & Investments mining state -owned company. According to the ARKHAM analytical platform for April 2025, Butane owns bitcoins worth about $ 700 million at the current rate.
5. Corporate bonds like the business model of Strategy. ARK believes that other companies integrate bitcoin into their corporate strategies. As of the end of 2024, 74 public companies kept bitcoins in their balance sheets worth about $ 55 billion. ARK expects an increase in the influx of capital from this point of view, provided that in the next 6 years the strategy will show positive dynamics.
Strategy is the largest BTC corporate holder in the world with a total balance of bitcoin on the company’s account 538.2 thousand bitcoins (about 2.52% of the current issue), which in almost five years she spent about $ 36.47 billion at an average purchase price of $ 67,766 per 1 BTC. Bitcoin purchases Strategy are mainly funded by placing convertible bonds with a low or zero coupon rate. They can be exchanged for Strategy shares (Tiker MSTR) with a high premium to the placement price – up to 40-50%). The model is effective in the growth of the BTC course: strengthening positions in cryptocurrency allows Strategy to attract funds on favorable terms again. The main risk of a scheme is a sharp and protracted fall in bitcoin, which can reduce interest in MSTR shares and make it difficult to post new bonds.
6. Financial services based on bitcoin. This option of influx of capital in bitcoin includes decentralized financial applications (Defi). Analysts believe that this is one of the most important parts of the ecosystem: “Such financial services in the blockchain become more and more important functions of the ecosystem of bitcoin.”
Pwell concluded that an estimate of $ 500 thousand to $ 2.4 million emphasizes a deficit of bitcoin, limited to 21 million and depends on the success of a particular option for the influx of capital.
Be in the know! Subscribe to Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
