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Cathie Wood, Michael Saylor and Mayor Suarez show investors are more bullish than ever

Benzinga Real-time News ·  Apr 7, 2022 20:12

A Thursday morning panel atBitcoin MiamiwithArk InvestCEOCathie Woodand Bitcoin whale/CEO of$MicroStrategy(MSTR.US)$Michael Saylordiscussed the projected future for Bitcoin (CRYPTO: BTC), which represents the blockchain industry as a whole. "As many of you may know, in our big ideas 2022 [from Ark Invest] we have a price target in 2030 of more than one million dollars per Bitcoin," Wood says of projections for how much money will pour into the blockchain industry in the coming years.

While that price target may seem outlandish,Wood argues that it would take just 2.5% of institutional...

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