Nvidia’s rumored Bitcoin investment could impact its market perception, but risks volatility and alienating traditional ...

Social media platforms have been flooded with rumors suggesting Nvidia might be planning to add Bitcoin to its balance sheet.

Bitcoin is positioned to surpass one of the biggest behemoths in tech history. As of writing, the largest crypto is trading at $93,751.05, with a total market cap of $1.86 trillion, verging on ...

Indeed, Nvidia shares have exploded by 2,718% in the last five years, outperforming all well-known companies on Wall Street. In comparison, Bitcoin (CRYPTO: BTC)—the world's most valued ...

Crypto miners use graphics processing units, or GPUs, to mine currencies such as Bitcoin and Ethereum. Nvidia’s latest RTX 30 series, launched last year, has proven particularly popular with miners.

To pass NVIDIA and become the fourth most valuable asset in the world, Bitcoin needs to find somewhere around $121,600, assuming its circulating supply remains around 19.8 million Bitcoin.