Cathie Wood, CEO of Ark Invest, has a positive outlook on Bitcoin and predicts a bull case of $1.5 million per coin and a best case of $625,000. She believes Bitcoin is a hedge against counterparty risk, especially after the regional bank crisis in March. Wood defends her investment strategy and claims that Ark's active management approach is making a comeback, outperforming the NASDAQ 100. Despite her optimism for Coinbase, Wood has reallocated some of her stake towards "laggards" like genomic companies and Teradyne.
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