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Fortune
Fortune
Tristan Bove

Cathie Wood’s ARK Invest says Bitcoin could exceed $1 million in just 7 years

Investor Cathie Wood (Credit: PATRICK T. FALLON—AFP/Getty Images)

FTX customers still don’t know if they’re going to get their money back; Sam Bankman-Fried’s criminal trial is ongoing; and the Crypto Winter of deflated coin values continues to drag on. But one of cryptocurrency’s biggest optimists still says the coin that started it all is primed for a massive comeback.

Cathie Wood’s ARK Investment Management, the firm that has continued to buy crypto and shares of crypto companies even during the sector’s historic downturn over the past year, is betting on Bitcoin rising to new heights soon enough. All investors need is a little patience and faith.

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