Cathie Wood Predicts a Wave of Startup M&A After Trump Election

Fund manager reiterated $1.5 million Bitcoin price target
Wood said that Trump administration will be business friendly

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By Emily Graffeo and Romaine Bostick

December 19, 2024 at 11:53 PM UTC

This article is for subscribers only.

The election of Donald Trump will usher in a wave of private-company purchases that had previously been slowed by red tape, investor Cathie Wood said in an interview in which she also reiterated her ultra-bullish view on Bitcoin.

Wood, the founder of ARK Investment Management LLC, said changes at the Federal Trade Commission will unlock latent merger-and-acquisition demand and create “liquidity events” for venture capitalists.