PANews reported on April 25 that according to Bitcoin Magazine, ARK Invest has raised the target price of Bitcoin in the bull market scenario in 2030 from $1.5 million to $2.4 million, with an estimated annual growth rate of 72%. In the baseline case, the price is estimated to be $1.2 million (with a compound annual growth rate of 53%), and in the bear market, the price is estimated to be $500,000 (with a compound annual growth rate of 32%). The forecast takes into account the 6.5% penetration rate of institutional investment in the global market portfolio, Bitcoin replacing 60% of the market value of gold, the demand for safe-haven in emerging markets, and the growth of on-chain financial services, and adjusts the model based on Bitcoin's "active supply". ARK pointed out that most valuation models do not reflect the scarcity and lost supply of Bitcoin.
According to the "Big Ideas 2025" report previously released by ARK Investment Management, ARK expects the price target of Bitcoin by 2030 to be approximately US$300,000 in a bear market scenario, approximately US$710,000 in a baseline scenario, and approximately US$1.5 million in a bull market scenario.
