Adam Back said Bitcoin could reach $1 million faster than the market expects and eventually attain a market capitalization comparable to gold’s, according to Odaily Planet Daily citing BitcoinTreasuries. Separately, Cathie Wood, CEO of ARK Invest, said on the Moonshots podcast that Bitcoin could reach $1.5 million in a bull-case scenario as it matures into an institutional asset. Bitcoin was trading around $77,000 during the interview. Wood’s thesis relies on institutional adoption, Bitcoin’s fixed supply, its role as a digital store of value and potential hedge against inflation and currency devaluation, with a U.S. government purchase potentially accelerating the timeline. She framed the target as an ambitious bull case rather than a baseline forecast, dependent on adoption, regulation and macroeconomic conditions.