Nvidia, World’s Third-Largest Company, Reportedly Considering Bitcoin Addition to Balance Sheet

Nvidia Corp, the world’s third-largest company, is reportedly considering adding an undisclosed amount of Bitcoin to its balance sheet to enhance financial stability. This move, if confirmed, would mark a significant development in corporate adoption of cryptocurrency and could serve as a major market signal. Bitcoin’s current price is around $96,000, but speculation suggests that Nvidia’s entry could push it to $120,000 or even $150,000. At a $100,000 valuation, Bitcoin would become the world’s fifth-largest asset, surpassing companies like Amazon and Google, and ranking just behind gold, Apple, Microsoft, and Nvidia itself. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant