Cathie Wood: If the U.S. Actively Buys Bitcoin, It Would Ignite Its Scarcity Value On January 8, ARK Invest CEO Cathie Wood stated at Bitcoin Brainstorm that if Bitcoin's current pullback stays around 30%—compared to previous 50%-70% declines—it would signal success, reflecting its decreasing volatility over time. She noted that while stablecoins are taking over Bitcoin's original "insurance" role, Bitcoin's value as "digital gold" strengthens alongside rising gold prices, offsetting stablecoin impact. She emphasized that if the U.S. government shifts from holding seized Bitcoin to actively purchasing it for strategic reserves, it would ignite Bitcoin's scarcity value. Therefore, she remains highly optimistic about Bitcoin's outlook. Source: