Cathie Wood, founder of ARK Investment Management LLC, predicts an increase in mergers and acquisitions (M&A) following Donald Trump’s election, expecting this trend to support innovative strategies. She believes that changes made by the Federal Trade Commission (FTC) could ease regulatory barriers previously imposed on M&As, leading to increased activity in the tech sector.
Additionally, Wood remains bullish on Bitcoin (BTC), anticipating its price to surpass $1 million by 2030 due to its fixed supply and scarcity compared to gold. With high expectations for the upcoming Trump administration, Wood foresees a dual impact resulting in a boom for both M&A and potentially parabolic price movements driven by reduced regulatory friction.
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