Bitcoin has become a popular financial tool in the last few years. This has led to major companies such as Elon Musk’s Tesla (TSLA) To buy and hold Bitcoin, the most popular cryptocurrency. Recent reports indicate that Nvidia’s (NVDA), the company next to add Bitcoin to its financial statement, may have done so.
AI chipmaker ranks amongst the top companies around the globe. The company was the world’s most valuable for much of 2024 and it had been predicted to exceed a $4 trillion valuation. Are the rumors about BTC being purchased by the company this year true?
Please Read This: Nvidia (NVDA): Can It Reclaim Its Spot as World’s Most Valuable in 2025?
Nvidia is the latest company to invest in Bitcoin
Michael Saylor’s Strategy was perhaps the very first to embrace an accumulation strategy for Bitcoin. It sparked interest in the corporate world as businesses like Microsoft (MSFT) Considered such action. In fact, the digital assets sector now constantly looks for similar companies.
Early this month, there was a buzz about rumors. around on X (formerly Twitter) Nvidia’s balance sheet now includes Bitcoin. This was supported by the idea that the company viewed bitcoin as a hedge to inflation and an unstable dollar. You can find the answers in its latest earnings report.
Please Read This: Nvidia (NVDA): Expert Calls Stock a Long-Term Play Despite 2025 Struggles
Nvidia has reported revenues of $39,3 billion from its GPUs. Q4 2024 report. It had not reported any Bitcoin or cryptocurrency investments. A substantial amount of evidence is still lacking to confirm the AI firm’s belief.
This leaves the claim without evidence. is likely false. Only its next earnings report, which is due to be released in May will give us any real hope of seeing a change. It could include some Bitcoin purchase that would verify the information reported. It is still a rumor until then.
It is also unlikely that this was the case, as there are no SEC (Securities and Exchange Commission) filings. Nvidia’s balance sheet does not include Bitcoin at the moment, but that could be changed in the future.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru
