Cathie Wood Forecasts Bitcoin Could Soar to $3.8 Million by 2030 on Broadening Adoption

Cathie Wood predicts Bitcoin could reach $3.8 million by 2030, representing a 5,300% upside from current levels
Ark Investment Management sees 8 potential sources of demand that could drive Bitcoin's price higher
These include corporate treasuries, remittances, government treasuries, and investors treating it as "digital gold"
Ark's model sees Bitcoin reaching $258,500 in a bear case and $1.48 million in a bull case by 2030
But Wood recently doubled down on the bull case, citing growing adoption of Bitcoin ETFs driving institutional investment