Canadian mining giant Frank Giustra(Frank Giustra) harshly criticized Ark Invest CEO Cathie Wood(Cathie Wood)'s recent Bitcoin price predictions, calling her reasons for buying Bitcoin "absolutely foolish." Giustra dismissed Wood's claim that the White House plans to purchase 1 million Bitcoins as strategic reserves to avoid a "lame duck" situation, considering it utterly absurd, and criticized her past performance on Wall Street. Wood, on the other hand, insists that the United States will start buying Bitcoin, which could prompt other national governments to include it in their reserves to reduce dependence on the dollar.