Speculation gained momentum after the strategy strategy (formerly MicroStrategy) announced a new Bitcoin purchase of 1,895 BTC for $180.3 million.
Despite nvidia’s crypto mining history, its latest revenue report focuses solely on AI and data centers, with Bitcoin lowering at $94,168.
Social media platforms, X in particular, are flooded with rumors suggesting that Chipmaker Nvidia (NASDAQ:NVDA) may be planning to add Bitcoin (BTC) to its balance sheet.
According to several reports, the AI giant has already announced plans to incorporate Bitcoin, portraying the move as a strategic hedge against market volatility and Fiat currency depreciation.
The rumor, born on May 1st, quickly gained traction and was featured on blogs focusing on a variety of cryptocurrencies.
Given the existence of a large market as Nvidia’s third largest company in the world, it will be interesting to see if stocks can ultimately reflect the strategy trajectory.
Featured Images via ShutterStock