In a chat show with Altcoin Daily, three of the most prominent voices in finance and the crypto world, Cathie Wood (Ark Invest), Michael Saylor, founder of MicroStrategy, and Thomas Jong Lee, also known as Tom Lee, Co-Founder of Fundstrat, converged to deliver their view on Bitcoin. Bitcoin is still undervalued, and this year might be the last chance to buy before institutional FOMO drives it sky-high.
Cathie Wood reiterated ARK Invest’s forecast that Bitcoin could hit $1.5 million by 2027, emphasizing growing institutional interest and Bitcoin scarcity. There are only 21 million Bitcoins that will ever exist. Currently, 19.66 million have been mined. She added that institutions are realizing Bitcoin is a new asset class with low correlation to traditional investments, especially as stocks and bonds become more correlated.
Wood highlighted the impact for long-term holders, noting that, despite price increases, many wallets haven’t moved their BTC. This reversal in behavior is rare; it shows conviction. They’re not selling because they believe big money hasn’t even arrived yet.
Michael Saylor, whose firm Microstrategy owns over 628,791 BTC, approximately 3% of the total supply, echoed Wood’s sentiment. Bitcoin is demonetizing gold, real estate, and even equities. In the 21st century, digital assets like Bitcoin are replacing physical analog stores of value, Saylor said. Apple and Microsoft can’t buy each other’s stock, but companies can buy Bitcoin as a treasury reserve asset. It’s becoming the ultimate shareholder value strategy.
Tom Lee added fuel to the bullish fire, stating that Bitcoin’s mainstream acceptance is driving steady institutional accumulation. People used to ask if Bitcoin would ever be taken seriously; now it’s being bought monthly by traditional investors. I don’t think it’ll take five years to surpass gold’s market cap. I see Bitcoin reaching $200,000 to $250,000 in the near term, especially if the Fed begins easing later this year.
Lee stressed that macroeconomic conditions are aligning; if liquidity improves globally and the Fed pivots, Bitcoin could experience a quantum move higher. We’re in a unique moment.
With high-profile endorsements, growing institutional interest, and a fixed supply, Wood, Saylor, and Lee agree that Bitcoin’s next leg up may already be underway, and today’s prices might soon look like a bargain.
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