ARK Invest, a US asset management company, has reiterated its bullish Bitcoin (BTC) price prediction that could reach US$1.5 million or Rp24.4 billion in 2030.
Thus, the Compound Annual Growth Rate (CAGR) in this scenario could even reach 58%. They revealed this directly in a report entitled ARK Big Ideas 2025: Bitcoin.
The company, however, mentioned two other scenarios in its report. In the next scenario, the bearish or pessimistic view, Bitcoin's price will only touch US$300,000 in the same year.
Meanwhile, in the last scenario, using the base case view, ARK is optimistic that Bitcoin can perch at US$710,000 with a CAGR of 40%. On the other hand, ARK Invest also revealed that there are currently 74 public companies that have Bitcoin on their balance sheets.
It is known that the value of BTC ownership of these companies has increased rapidly from US$11 billion in 2023 to US$55 billion in 2024. Some of the companies recorded as having Bitcoin include MicroStrategy, Boyaa Interactive, and MARA Digital.
Not stopping there, ARK Invest also highlighted Bitcoin's resilience despite facing major selling pressure over the past few weeks. They cited the German government's BTC sales, the impact of the Mt. Gox case, and the US government's change in Bitcoin ownership as challenges that were successfully overcome.
Beyond Bitcoin, the report also discusses the development of artificial intelligence (AI), stablecoin trends, and digital wallet innovation. ARK Invest said that investment in stablecoins continues to increase with blockchains such as Solana (SOL), Tron (TRX), and Ethereum (ETH) taking center stage.
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