It has since AI went mainstream
Some business will be profitable in btc terms, I give NVDA a decent chance to continue outperforming bitcoin
Discussion
Cherry picked timeline. Sure, from the bottom of the last bear during the FTX drama and the ensuing AI adoption wave, nvidia has outperformed btc. But I expect a complete collapse of nvidias share price to below 20k sats per share in the coming years, as we experience the bitcoin adoption wave.
It’s the relevant timeline for their current business model. We will see if the demand on their chips continues to grow or shrinks