TechFlow news, December 20 — According to Bloomberg, ARK Invest CEO Cathie Wood recently stated in an interview that if Trump is elected president, he will drive a wave of private-sector mergers and acquisitions through government efficiency reforms. She noted that policy adjustments by the Federal Trade Commission (FTC) would release pent-up merger demand currently restrained by regulation, creating liquidity opportunities for venture capital. Musk will play a key role in downsizing government, as he deeply understands regulatory pressures and obstacles.
Wood also reiterated her forecast that Bitcoin will surpass $1.5 million by 2030. She emphasized Bitcoin's scarcity advantage over gold: "When gold prices rise, mining companies increase extraction, accelerating supply growth—this does not happen with Bitcoin."
