BUSINESS

Coca-Cola Doesn't Make Money Selling Cans of Soda. Here's What It Sells Instead.

Coca-Cola (NYSE: KO) isn't responsible for producing the majority of the Coca-Cola cans you encounter. Instead, the main source of the beverage giant's income comes from supplying syrup and concentrates to bottlers. These bottlers are the ones directly involved in selling Coca-Cola's products.

TECH

Linktree acquires link-in-bio platform Koji in its second investment of the year

Australia-based link-in-bio platform Linktree announced today that it has acquired competitor Koji from its parent company GoMeta for an undisclosed amount.

Linktree said that Koji's link-in-bio product will shut down on January 31, 2024. The company is offering Koji users three months of Linktree's Pro plan as a trial. But it's not clear if Linktree is also providing any tools for creators to migrate their Koji data.

CRYPTO

Cathie Wood Thinks Bitcoin Could Skyrocket 3,356% By 2030. Is She Right?

Ark Invest CEO Cathie Wood is known for her wild price targets. In 2018, she famously predicted that Tesla would hit a pre-split price target of $4,000, representing more than a 1,000% gain at the time, and that prediction came true.

Now, Wood has caught the attention of Bitcoin (CRYPTO: BTC) bulls with a splashy price target on the leading cryptocurrency. The renowned disruptive growth investor sees Bitcoin hitting $1.48 million per token by 2030 in her bull case for the cryptocurrency, or a gain of 33,557% as of Wednesday afternoon. In other words, $1,000 invested in Bitcoin today would be worth $34,557 by 2030, according to Wood.

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