Despite Bitcoin’s (BTC) massive gains in 2024 that enabled the cryptocurrency to breach the long-awaited milestone of $100,000 per coin, Finbold research found that the semiconductor giant Nvidia (NVDA) would have been the superior investment.
Specifically, a BTC investment made at the start of the year would have yielded a return of 139.72% by Thursday, December 12. During the same period, NVDA shares appreciated by 188.47%, meaning Nvidia’s gains were 1.35 times higher than Bitcoin’s and provided a 35.7% greater ROI.
The difference in the performance between the two assets becomes even starker once market capitalizations are accounted for. In 2024, the chipmaker’s valuation rose by $2.19 trillion and Bitcoin’s by $1.17 trillion, meaning Nvidia’s growth was 87% larger.
Nvidia outperforms Bitcoin over longer time frames
Since the start of 2023, Nvidia’s return stands at 835%, compared to Bitcoin’s 494%. Similarly, since January 2020, NVDA shares have surged 2,255%, while BTC has risen 1,273%.
As Andreja Stojanovic, a co-author of the research, pointed out:
“Driven by the magnitude of the ongoing artificial intelligence (AI) boom, NVDA shares have had a far more straightforward path since 2022. A major result of such performance is that the semiconductor giant emerged as the superior investment within longer time frames as well as in 2024.”
Finally, despite Nvidia’s stellar performance, Bitcoin would have been a more lucrative investment if made at several specific points in its history. For example, a January 2015 purchase of BTC would have appreciated 36,000%, while an NVDA stock buy at the same time would have returned 27,000%.
Read the full story with statistics at: finbold.com/nvidia-nvda-is-35-better-investment-than-bitcoin-in-2024-despite-btc-price-rally