Cathie Wood has never been shy about big numbers. The ARK Invest founder is back with a fresh set of Bitcoin price targets that make most Wall Street forecasts look timid, projecting a base-case price of $710,000 to $800,000 by 2030 and a bull-case ceiling of $2.4 million.

At Bitcoin’s approximate April 2025 price of $81,500, the base case alone represents a potential gain of roughly 1,665%. The bull case would be a different category of outcome entirely.

ARK’s flagship Big Ideas report projects Bitcoin’s market cap climbing to approximately $16 trillion by 2030, inside a total crypto market cap of around $28 trillion.

With Bitcoin’s supply expected to sit near 20.5 million coins by that point, the math produces a price range of $760,000…