https://pbs.twimg.com/media/GG9Cv8JWsAAPg8l?format=jpg&name=medium
this tops Facebook’s record single-day gain from a few weeks ago. kind of amazing that these kinds of surges are happening with interest rates still at 5%.
one thing i can’t stop thinking about is when might Bitcoin take over all the leaders on this chart?
a $250B gain for bitcoin in one day is a 25% jump today, so certainly not an everyday occurrence but not impossible to imagine.
when bitcoin is at $100k, a $250b single-day gain will only require a 12.5% jump.
Wait till you see what MSTR does in the future
pretty sure they’ll never be on top of this chart. their entire market cap is $12 billion.
I’m talking best single day market cap gain for a stock
right, so am i. i don’t think they’ll ever get close to the top of this chart.
they’d need bitcoin to go from $50k to $1m in a single day to top Nvidia.
Interestingly....the new Groq AI just announced their own ASIC which outperforms NVIDIA about 5-10x.
Same story as with crypto. ASICs will takeover (I'm sure Nvidia has a chip in the works?)
When MSTR gets in the S&P500 everyone is gonna own a little BTC proxy whether they like it or not!
It seems Jensen Huang went a little crazy at the earnings call yesterday...