CandleFocus

Nvidia (NVDA) is 35% better investment than Bitcoin in 2024 despite BTC price rally

In 2024, Bitcoin saw significant gains and reached a milestone price of $100,000. However, research shows that semiconductor giant Nvidia delivered even higher returns than Bitcoin. An investment in Bitcoin at the beginning of 2024 would have yielded a return of 139.72%, while Nvidia stock would have appreciated 188.47% over the same period. Nvidia's gains were 1.35 times higher than Bitcoin's and offered a 35.7% greater return on investment (ROI). When considering their respective market capitalizations, Nvidia's stock had a greater increase of $2.19 trillion compared to Bitcoin's $1.17 trillion. Nvidia has also been the superior investment in longer time frames due to the ongoing artificial intelligence (AI) boom. Although Bitcoin has had significant gains since 2015, an investment made in 2015 would have outperformed Nvidia stock. Ultimately, the negligible dividend yield from Nvidia does not significantly affect the total return on investment.

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