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Canadian billionaire Frank Giustra calls Cathie Wood's $1.5M Bitcoin prediction 'embarrassing'.

Market News
03 Jun 2026, 22:45 WIB
UToday
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Bearish
Canadian billionaire Frank Giustra calls Cathie Wood's $1.5M Bitcoin prediction 'embarrassing'.

Canadian billionaire Frank Giustra sharply criticized Cathie Wood's Bitcoin price predictions, calling her $730,000 to $1.5 million targets by 2030 "embarrassing." Wood remains bullish on Bitcoin, viewing it as a hedge against currency debasement and expecting institutional adoption to drive prices higher. Giustra, a gold advocate, dismissed these views on social media, emphasizing his preference for traditional assets and skepticism about Bitcoin reaching such high values. This clash highlights the ongoing debate between supporters of physical gold and cryptocurrency as stores of value.

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