Cathie Wood, CEO of ARK Investment Management LLC, predicts a surge in mergers and acquisitions (M&A) following Donald Trump’s election due to potential regulatory changes. She believes this will support innovative strategies and benefit venture-backed startups seeking acquisition opportunities. Wood also maintains her bullish stance on Bitcoin (BTC), anticipating it to reach $1 million by 2030 due to its fixed supply and scarcity compared to gold.
The CEO attributes the high expectations for the upcoming Trump administration to a potential parabolic price movement driven by reduced regulatory friction.
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