ARK Invest has significantly revised its long-term outlook for Bitcoin, now projecting a bull case price target of approximately $2.4 million by 2030. The report lays out a comprehensive modeling framework based on Bitcoin’s total addressable market (TAM) potential, adoption trends, and assumptions around supply dynamics.
The updated target represents a compound annual growth rate (CAGR) of ~72% between December 31, 2024 and December 31, 2030. In comparison, ARK’s base and bear case e