“It’ll Hit 2 Billion Won by 2030” ... This Asset the “Money Tree Lady” Says Will Rise 1,665%

[Financial News] The CEO of ARK Invest, Cathie Wood, known as the “Money Tree Lady,” has once again forecast that Bitcoin will reach $1.5 million (about 2.014 billion won) by 2030. However, some have also questioned whether that is realistic, since Bitcoin would have to double every year for the next four years to reach that target.
U.S. investment publication The Motley Fool reported on the 4th (local time) that Wood recently set a 2030 target price of $1.5 million for Bitcoin. That would require a 1,665% rise from its current price of about $85,000 (113.9 million won).
Wood is one of the most prominent advocates of Bitcoin’s potential to rise, and has consistently voiced a bullish outlook. In 2022, she became the first prominent investor to publicly forecast that Bitcoin would reach $1 million (about 1.342 billion won), and since then has continued to urge investors to increase their Bitcoin holdings.
Last November, she acknowledged that stablecoins were better than Bitcoin as a means of payment and lowered her 2030 target from $1.5 million to $1.2 million. This time, however, she raised it back to $1.5 million, once again signaling her confidence in Bitcoin.

Wood explained that institutional money would continue to flow in as the regulatory environment for crypto assets in the United States becomes increasingly favorable and Bitcoin’s uses expand. She also said Bitcoin is poised to play a greater role as a global store of value. Since Bitcoin’s price has often moved independently of those of major asset classes, some see it as a hedge that could diversify risk when the macroeconomic environment becomes volatile.
Artificial intelligence (AI) is another factor whose influence cannot be ignored. Wood forecast that the use of Bitcoin by AI agents for online transactions, starting in 2027, would become a new catalyst. A bitcoin can be divided into 100 million units called “satoshis,” which could make it more suitable than the dollar for the tiny payments exchanged by autonomous AI systems.

But for Wood’s forecast to come true, Bitcoin would have to overcome numerous headwinds. The Motley Fool cited as a major obstacle the U.S. Senate’s failure to pass the Clarity Act, a bill on the structure of the crypto-asset market, this year. That could hold back the expansion of institutional investment and weaken legislative efforts related to crypto, such as a “Strategic Bitcoin Reserve,” it said.
Bitcoin’s price has also fallen 33% over the past 12 months, prompting continued questions about its limitations as a store of value. The Motley Fool said well-known investor Mark Cuban sold off his Bitcoin holdings early this year because of its volatility, and suggested that the market’s investment demand may be shifting more toward AI-related assets than Bitcoin, adding to the headwinds.
The Motley Fool added, “For Bitcoin to reach $1.5 million, it would need to return 100% every year for the next four years,” and “while that is not theoretically impossible, the likelihood of any asset achieving it is very low.”
[email protected] Kim Hee-sun Reporter