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      4343 Research By: Yassine Elmandjra David Puell Director of Digital Assets Research Associate Bitcoin 4 2 0 2 S A E D I G In 2023 BI Demonstrating Resilience And Recovery After Challenges In 2022 Sources: ARK Investment Management LLC, 2024. Information as of December 31, 2023. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.

      Annual Research Report | Big Ideas 2024 - Page 43 Annual Research Report | Big Ideas 2024 Page 42 Page 44