There are active rumors on the internet that Nvidia plans to start buying Bitcoin.
Well, buy some more Bitcoin, go ahead. You see, everyone is buying Bitcoin. Now Nvidia will buy Bitcoin, and it will definitely be worth a million. Buy Bitcoin; you don’t need those altcoins. Nothing will come from them; leave us this scam, buy Bitcoin instead.
Nvidia, by converting its shares into Bitcoin ETF, will not be a bad way to exit the market into cash. If this turns out to be true. However, behind the scenes, through small companies and funds, any corporation quietly does its business. And then they announce, saying, look, we are buying. Although they bought it a long time ago at 1-2k per Bitcoin. And now they need to sell it.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.