Crypto

1 Unstoppable Cryptocurrency to Buy Before It Soars 930%, According to Cathie Wood’s Ark Invest – AOL

Published

2 months ago

May 23, 2026

Press Room

1 Unstoppable Cryptocurrency to Buy Before It Soars 930%, According to Cathie Wood’s Ark Invest – AOL

Key Points

Bitcoin boasts a market capitalization of around $1.5 trillion, making it the world’s largest cryptocurrency.
Ark Investment Management, which is run by seasoned technology investor Cathie Wood, thinks Bitcoin could soar by more than 900% by 2030.
Ark cites six potential catalysts to support its forecast, but the most important one isn’t quite panning out as expected.

Bitcoin (CRYPTO: BTC) is the world’s largest cryptocurrency. In fact, its market capitalization of $1.5 trillion represents more than half the combined value of every crypto coin and token currently in circulation. However, Ark Investment Management, which is run by seasoned technology investor Cathie Wood, thinks Bitcoin could be heading for a $16 trillion valuation by 2030.

Based on Bitcoin’s circulating supply of over 20 million coins, Ark’s prediction would translate to a price-per-coin of almost $800,000, representing a whopping 930% upside from its price of $77,700 as I write this. But how realistic is that target?

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A gold coin with the Bitcoin symbol on its face.

Image source: Getty Images.

Ark points to six potential upside catalysts

Ark published its latest Bitcoin forecast in the 2026 edition of its annual “Big Ideas” report, which highlights areas where the firm has identified value in the technology industry. It provided six core reasons for its 2030 Bitcoin target as follows:

Institutional investment: Ark thinks global fund managers could park up to 6.5% of their $200 trillion in managed assets in Bitcoin.
Digital gold: Ark predicts Bitcoin could amass up to 60% of gold’s $31 trillion market cap, as investors seek a digital alternative to the shiny yellow metal.
Emerging-market safe haven: Developing countries are prone to economic and political turmoil, so Ark believes many of their citizens will increasingly buy Bitcoin as a hedge.
Nation-state treasury: Ark thinks global governments will eventually hold some Bitcoin in reserve, the same way they hold gold and other assets. The U.S. actually established a strategic Bitcoin reserve in 2025.
Corporate treasury: Companies could also add Bitcoin to their balance sheets as a hedge against inflation and economic uncertainty because it’s often impractical for them to own physical gold. Elon Musk’s SpaceX is one company using this strategy already.
Bitcoin on-chain financial services: This describes peer-to-peer transactions completed exclusively through Bitcoin’s blockchain, bypassing traditional banks and payment systems.

The 2026 edition of the “Big Ideas” 2030 Bitcoin forecast came with two key changes compared to the 2025 version. First, Ark increased the size of the digital gold opportunity because the shiny yellow metal surged in value last year.

Second, Ark reduced the size of the emerging-market safe-haven opportunity because alternatives like stablecoins are experiencing rapid adoption. Stablecoins are usually priced in U.S. dollars and experience practically zero volatility, which makes them attractive to citizens in developing countries where economic instability is prevalent.

Ark’s modeling suggests the digital gold catalyst is expected to contribute the most value to Bitcoin by far. But there might be a flaw in the firm’s thesis because when gold surged higher by 64% in 2025, Bitcoin actually ended the year with a 5% decline.

Bitcoin Price data by YCharts.

In other words, in the face of issues like soaring U.S. government spending and heightened economic uncertainty because of the Trump administration’s widespread tariffs, investors unequivocally chose gold as their preferred safe-haven asset and neglected Bitcoin.

Ark’s 2030 forecast might be a little unrealistic

While a 930% return over the next four years might sound very attractive to investors, a $16 trillion market cap would place Bitcoin in some very rarified air. For some perspective, it would be more than three times as valuable as the world’s largest company, Nvidia, which is currently worth $5.3 trillion.

Moreover, U.S. gross domestic product (GDP) was $30.7 trillion last year, and I’m not sure it’s realistic for Bitcoin’s value to match half of the U.S. economy’s annual output.

Unfortunately, there is actually some evidence that Bitcoin demand is starting to slow. According to investment bank JPMorgan Chase, investors are on track to deploy around $44 billion in fresh capital into digital assets this year, which would be one-third of the amount they deployed in 2025.

Plus, the bank says demand from retail and institutional investors was extremely small, or potentially even negative in the first quarter of 2026, with most of the capital inflows coming from a single buyer: Michael Saylor’s Bitcoin treasury company, Strategy. That isn’t a recipe for sustainable upside, and it suggests Ark’s prediction that global fund managers will eventually park up to 6.5% of their managed assets in Bitcoin might be too optimistic.

Therefore, although there might be some room for upside in Bitcoin from here, I would assign a very low probability to Ark’s target of $800,000 per coin.

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JPMorgan Chase is an advertising partner of Motley Fool Money. Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, JPMorgan Chase, and Nvidia. The Motley Fool has a disclosure policy.

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Crypto

Bitdeer Invests $36 Million in First US Sealminer Factory as Bitcoin Mining Margins Stay Tight

Published

44 minutes ago

July 10, 2026

Press Room

Bitdeer Invests Million in First US Sealminer Factory as Bitcoin Mining Margins Stay Tight

Key Takeaways

Bitdeer Targets 10,000 Monthly Sealminer Units With New $36 Million Nevada Factory

Bitdeer is moving ahead with a major U.S. manufacturing push, breaking ground on a $36 million advanced electronics facility in Sparks, Nevada, even as bitcoin mining economics remain near historic lows.

The 187,000-square-foot plant will be the company’s first domestic manufacturing and assembly site in the U.S. It is expected to be completed by the end of 2026 and is designed to produce 10,000 Sealminer units per month.

Bitdeer said the project will create about 70 local jobs across engineering, skilled technician and support roles. The facility will expand the company’s U.S. footprint beyond mining and data centers, adding a domestic production base for its proprietary mining machines.

“Producing our advanced Sealminer units right here in Nevada reflects our long-term commitment to building capacity and nurturing the talent necessary to support our growing digital infrastructure operations in America,” remarked Paul Hanson, Chairman of Bitdeer Industrial.

Vertical Integration During a Mining Slump

The timing is notable. Bitcoin miners are still dealing with weak hashprice, a key measure of mining revenue per unit of computing power.

Spot hashprice was recently around $29.81 per PH/s/day, after touching a daily low of $27.89 on Feb. 24. March also marked a record-low monthly average of $31.27, according to industry data.

The pressure reflects several factors: the April 2024 halving, rising network hashrate, and low transaction-fee revenue. Together, they have reduced revenue for miners using the same amount of computing power.

At these levels, profitability is increasingly concentrated among operators with cheap power and newer, more efficient machines.

Bitdeer is trying to address that pressure through vertical integration. The company has been developing its own Sealminer hardware and deploying the machines across its self-mining fleet.

Catherine Guo, CEO of Bitdeer Industrial, commented that the Sparks plant reflects the company’s contribution to Nevada’s diversifying economy.

“Our commitment underscores the state’s strategic advantages, including a highly accessible and skilled workforce, robust logistics networks, and a consistently business-friendly environment,” Guo said.

U.S. Expansion Meets AI Demand

The Nevada facility will complement Bitdeer’s existing U.S. data centers and its innovation hub in San Jose, California.

The project also comes as Bitdeer expands across mining and AI infrastructure. In its May operating update, the company reported 70.2 EH/s of self-mining hashrate, 921 bitcoin mined during the month, and about $69 million of annualized recurring revenue from its AI Cloud business.

Bitdeer also said it was in advanced talks with a potential colocation tenant at its Tydal, Norway site. That follows a broader industry trend in which miners are exploring AI and high-performance computing uses for power-rich data center assets.

The facility is expected to begin contributing to Bitdeer’s manufacturing capacity as the mining hardware market becomes more selective. Weak hashprice can slow equipment demand, but it can also push well-capitalized miners to replace older machines with more efficient models.

Crypto

British Airline Jet2 Shares Jump 9% After $536M Fuel Hedge Gain Offsets Middle East Travel Fears

Published

11 hours ago

July 9, 2026

Press Room

British Airline Jet2 Shares Jump 9% After 6M Fuel Hedge Gain Offsets Middle East Travel Fears

Key Takeaways

Sector Resilience Amid Fuel Volatility

British airline and package holiday provider Jet2 defied intense geopolitical instability and travel sector panic triggered by the Middle East war by reporting a more than $500 million balance sheet boost, fueled by the rising price of jet fuel.

As the conflict in the Middle East escalated, spiking fuel rates caused the value of the company’s fuel derivatives to soar. According to Jet2’s full financial results released July 8, an extra $536 million in income was primarily driven by these favorable fair value movements.

The financial buffer comes after widespread fears earlier this year that rising energy costs could push airlines into bankruptcy and force massive summer holiday cancellations. In the United States, higher fuel prices contributed to the collapse of low-budget airline Spirit in May. The United Kingdom had been labeled as the nation “most exposed” to the jet fuel crisis, forcing government ministers to scramble to protect airline fuel access and temporarily suspend airport capacity rules.

While Jet2 was able to mitigate the price shock, the broader conflict still took a toll on booking behaviors. The airline conceded that ongoing travel uncertainty from the war caused holidaymakers to delay their trips and book much closer to their departure dates than usual. As a result, Jet2’s cash inflow plummeted by 67% to approximately $103 million for the fiscal year ending March 31.

Financially, Jet2 reported mixed full-year results. Group revenue climbed 4% to $10.05 billion, but pre-tax profit slipped 7% to $738.6 million, hit hard by lower income earned on its cash deposits.

Despite the profit dip, operational metrics showed strong consumer demand. Jet2 increased its total seat capacity by 8% to 24 million and flew 20.8 million passengers — a 5% increase year-over-year. The company also announced a new $335 million share buyback program, pointing to robust liquidity and confidence in its midterm outlook.

On the stock market, shares of the AIM-listed company jumped 9% to $19.92 at Wednesday’s opening bell, leaving the stock up 5% for the year.

Chief Executive Issues Tax Warning

The financial report coincided with an aggressive political warning from Jet2 Chief Executive Steve Heapy. Speaking to shareholders, Heapy cautioned political figures — specifically naming prominent politician Andy Burnham — against treating the aviation and holiday industry as a “cash cow.”

Burnham is widely anticipated to enter Downing Street later this month following recent political shifts.

“Don’t treat the aviation or holiday industry as a cash cow, because taxes increase the price of flying,” Heapy said, pointing out that Jet2 had to absorb $67 million in additional regulatory and tax costs over the last year. “I think, you know, enough is enough.”

Operationally, Jet2 is pushing a major expansion strategy designed to challenge the UK’s dominant legacy carriers. In March, the airline launched a six-aircraft hub at London Gatwick Airport, signaling an aggressive move out of its traditional northern England strongholds. The company notes it now operates within a 90-minute drive of more than 90% of the UK population.

Crypto

Binance maintains commitment to EU, seeking more licences in Asia

Published

21 hours ago

July 9, 2026

Press Room

Binance maintains commitment to EU, seeking more licences in Asia

Cryptocurrency exchange Binance remains in “close talks” with regulators in the European Union over its application to operate in the bloc and is seeking to secure more licences in ‌Asia, said its co-chief executive Richard Teng on Thursday.