Cathie Wood
On Nov. 28 ARK Invest sold $8.46M in GitLab shares and added $425K to its Bitcoin ETF holdings, marking a second major GitLab sale this week as Cathie Wood rebalances the portfolio.
Cathie Wood’s Ark Invest added more shares in the Bullish cryptocurrency exchange on Nov. 18, 2025, continuing its strategy of increasing exposure to crypto infrastructure. The move is a positive signal for exchange equities amid ongoing institutional interest.
Cathie Wood lowered her long-term Bitcoin price target by $300,000 while maintaining that BTC can still multiply from current levels. The revision reflects updated modeling and a slower adoption timetable rather than a reversal of conviction.
Ark Invest CEO Cathie Wood reiterated a $1.2 million Bitcoin target, citing record‑pace institutional adoption and the asset’s role as a long‑term store of value. Her forecast implies roughly 1,100% upside from current levels and highlights growing confidence in Bitcoin as digital gold.
On Nov. 12, 2025 Peter Schiff dismissed Cathie Wood's $1.2 million Bitcoin projection as "a wild guess," prompting reactions across crypto channels. The exchange highlights the ongoing split between bullish institutional forecasts and long‑standing skeptics.
Ark Investment trimmed its 2030 Bitcoin forecast from $1.5M to $1.2M, a 20% downward revision that Wood says reflects growing competition — particularly from stablecoins — rather than a change in her long-term thesis. The adjustment highlights shifting capital flows and evolving use cases in the crypto market.