Cathie Wood predicts a surge in M&A activity and a $1M Bitcoin by 2030, fueled by deregulation under Trump’s administration.
Cathie Wood is making bold predictions about the future of both mergers and acquisitions (M&A) and Bitcoin under a potential Trump administration. Speaking in a recent Bloomberg interview, Wood, the founder of ARK Investment Management, anticipates a surge in M&A activity driven by reduced regulatory barriers, especially from the Federal Trade Commission (FTC). “M&A has been prevented by the FTC. That is going to change,” Wood stated, adding that Trump’s election could create a more business-friendly environment that will allow private companies to pursue acquisitions with more freedom.
According to Wood, Trump’s administration will likely foster a wave of startup M&As as the deregulation of the market unleashes “liquidity events” for venture-backed companies. With reduced obstacles to private-company buyouts, Wood believes the environment will be ripe for increased market activity, benefiting startups eager to be acquired.
Wood’s Bitcoin outlook is just as bold. She predicts Bitcoin could soar past $1 million by 2030, driven by its scarcity and institutional interest. “Bitcoin is becoming even more scarce than gold,” she said, highlighting Bitcoin’s fixed supply compared to gold’s growing production.
At the time of writing, Bitcoin is sitting at $97,560.11.