NVIDIA itself has not directly invested in Bitcoin as an asset, and there is no indication that the company is holding or buying Bitcoin in its financial strategies. Instead, NVIDIA’s relationship with Bitcoin and other cryptocurrencies primarily revolves around the demand for its GPUs, which are used for cryptocurrency mining.

In recent years, particularly in 2024, some prominent hedge fund managers and billionaires have sold shares in NVIDIA to buy Bitcoin, viewing it as a potentially more lucrative long-term investment. Investors like David Shaw and Steven Cohen have shifted funds from NVIDIA to Bitcoin, facilitated by the rise of Bitcoin ETFs, which simplify crypto investment for institutional investors. This trend reflects a broader strategy to diversify and hedge against inflation, favoring Bitcoin’s fixed supply and decentralized nature over traditional tech stocks   .

NVIDIA, on the other hand, remains focused on AI advancements and other high-tech sectors rather than direct investments in cryptocurrency. Its GPUs continue to play a role in Bitcoin mining, but the company’s primary emphasis is on AI and simulation technologies, such as its recent Blackwell superchip for AI applications .