Swan Bitcoin CEO: The chances of Nvidia's stock beating Bitcoin again in the next ten years are "almost nil"
2024-05-25 01:48:52
According to investment strategist Lyn Alden, NVIDIA is one of the few assets that has outperformed Bitcoin over the past decade, with data showing that between May 23, 2014 and May 23, 2024, NVIDIA's investment returns were 21,558%, compared to Bitcoin's return of 13,048%. However, Swan Bitcoin CEO Cory Klippsten said that there is almost no chance that NVIDIA's stock will outperform Bitcoin in the next 10 years. Since the approval of the spot Bitcoin exchange-traded fund (ETF) on January 10, Bitcoin has risen slightly better than NVIDIA, with returns of 31.7% and 30.2%, respectively.
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