⚈ Speculation gained momentum after the strategy (former Microstrategy) announced the purchase of a new bitcoin for $ 180.3 million from $ 1895 from the $ 1895.
⚈ Despite the history of Nvidia crypto mining, its latest revenue report only focuses on AI and data centers, Bitcoin trading is lower – $ 94,168.
Social media platforms, especially X, are flooded with rumors that suggest that the chip manufacturer Nvidia (Nasdaq: NVDA) could plan to add Bitcoin (BTC) to its balance sheet.
Several reports claimed that the giant of artificial intelligence (AI) had already reported the plans for adding bitcoin, depicting this course in strategic risking of market volatility and Fiat's currency.
The rumor, which began on May 1, quickly achieved traction and adopted various cryptocurrency blogs.
Many speculated that such a step would correspond to broader macroeconomic trends, such as increasing inflation and weakening purchasing power of the US dollar.
The reports intensified on May 5, coinciding with news that the strategy (Nasdaq: Mstr), the early Bitcoin introducer Nasdaq: Mstr) had acquired $ 180.3 million for $ 180.3 million over the past week for $ 1,895 million BTC.
Despite the conversation, Nvidia or its leaders have not been officially confirmed.
Moreover, recent statements by the company to the Securities and the Exchange Committee (SEC) do not mention Bitcoin. Simply put, without the submission of the SEC or the public application, the requirements remain unjustified.
Nvidia Q4 2024 Profit ReportWhich exposed $ 39.3 billion in income, no cryptocurrency investment was mentioned either. Instead, it focused on the development of the company in the main companies of AI chips and data centers.
Nvidia's past cryptocurrency involvement
However, Nvidia has history through its products through its products. For example, in 2016-2019, the company saw a significant sale of GPU sales, largely inspired by the demand for cryptocurrency miners.
If Nvidia in addition to his balance sheet bitcoin, this moving would probably trigger a significant market reaction.
Currently, Bitcoin is under pressure, losing support to $ 95,000. The property is currently trading at $ 94,168, which is 1.5% in the last 24 hours and 0.3% in the last week.
Given Nvidia's mass market share of the world's third largest company, it would be interesting to see whether its shares can eventually reflect the strategy trajectory, the shares of which have risen by more than 3000%since the adoption of the Bitcoin strategy in 2020, overtaking the NVIDIA during the same period.
Highlighted image via Shutterstock
