Cathie Wood, Who Bought Bitcoin at $250, Talked About BTC Investments! Did it sell?

American investment firm Cathie Wood, Founder and CEO of Ark Investstill, despite the crypto winter Bitcoin (BTC) believes its market value could rise wildly.

Youtube channel “What Bitcoin Did” Interviewing BTC supporter Peter McCormack, Cathie Wood said of her firm’s Bitcoin investments. BTC He evaluated many issues from the price of the market to the uncertainty of the FED.

Criticizing the Fed’s rate hike decisions, Wood said that the rate hike would affect the general perception of investors and the market.

Continuing her support for Bitcoin, Cathie Wood stated that she believes BTC will continue to rise and can be more valuable than most fiat currencies in the world.

The famous name, who made a technical review of Bitcoin, stated that BTC can be used in three financial forms.

“BTC is a store of value, a unit of account and a medium of exchange.”

Finally, Cathie Wood, referring to her firm’s BTC investments, said, bitcoin He said he bought $100,000 when he was $250, and so far they haven’t sold what he’s holding.

Ark Invest, which still holds 400 BTC, has made a profit of more than $ 7.68 million from this investment.

Ark Invest’s BTC When his investment reached its ATH of $69,000, it had increased by 276 times, reaching $27.6 million.

As it will be remembered, Cathie Wood predicted earlier this year that the price of the leading cryptocurrency Bitcoin will exceed $ 1 million by 2030.

Also speaking to Bloomberg TV, Ark Invest analyst, Yassine Elmandjra, said that his firm is behind its $1 million estimate for BTC, and these views are still valid.