在最近的猜測之後，NVIDIA會在國庫中增加比特幣嗎？

最近，關於NVIDIA在其財政部儲備中增加比特幣的猜測最近浮出水面。

Recently, there has been speculation about Nvidia (NASDAQ:NVDA) potentially adding Bitcoin (BTC) to its treasury reserves.

最近，人們對NVIDIA（NASDAQ：NVDA）的猜測可能會在其財政部儲備中添加比特幣（BTC）。

These unconfirmed reports have sparked discussion on the broader implications of increased institutional adoption of Bitcoin and how this could impact Nvidia, whose stock value has fallen considerably this year.

這些未經證實的報告引發了討論比特幣機構採用增加的廣泛含義，以及這可能會影響NVIDIA，NVIDIA的股票價值今年大大下降。

BeInCrypto interviewed representatives from several institutions, including Banxe, FINEQIA, CoinShares, Bitunix, and Acre BTC, to discuss Bitcoin’s potential benefits for Nvidia and whether such an investment would ultimately benefit the company in the long run.

Beincrypto採訪了來自幾個機構的代表，包括Banxe，Fineqia，Coinshares，Bitunix和Acre BTC，討論了比特幣對NVIDIA的潛在收益，以及從長遠來看，此類投資是否最終使公司受益。

What Surfaced Online

什麼在網上浮出水面

Over the past few weeks, several reports have surfaced across social media suggesting that Nvidia, a pioneer in GPU-accelerated computing, is considering adding Bitcoin to its balance sheet.

在過去的幾周中，社交媒體上有幾份報告表明，GPU加速計算的先驅Nvidia正在考慮將比特幣添加到其資產負債表中。

These reports remain purely speculative at the time of press, given that Nvidia has not made any official statements on the potential treasury investment in Bitcoin. When BeInCrypto reached out for an opinion, an Nvidia spokesperson declined to comment.

鑑於NVIDIA尚未就比特幣潛在的國庫投資做出任何正式陳述，這些報告仍純粹是推測性的。當Beincrypto提出意見時，NVIDIA發言人拒絕置評。

However, these rumors highlight the significant impact of such a decision on Bitcoin’s public perception. Given Nvidia’s current economic circumstances, marked by a substantial drop in stock value, an announcement of this nature would not be entirely unexpected.

但是，這些謠言突顯了這種決定對比特幣公眾看法的重大影響。鑑於NVIDIA目前的經濟環境以大幅下降的股票價值下降，因此宣布這種性質並不是完全出乎意料的。

Recent Economic Challenges Faced By Nvidia

NVIDIA面臨的最新經濟挑戰

Over the past five months, Nvidia has encountered a series of economic and geopolitical obstacles that have substantially impacted the company’s operations and overall financial performance.

在過去的五個月中，NVIDIA遇到了一系列經濟和地緣政治障礙，這些障礙極大地影響了公司的運營和整體財務績效。

From Biden-era export restrictions and Trump’s recent trade policies to global inflation risks, a weakened US dollar, and increased competition from other GPU manufacturers, Nvidia has faced issues on all fronts.

從拜登時代的出口限制和特朗普最近的貿易政策到全球通貨膨脹風險，美元削弱以及其他GPU製造商的競爭增加，NVIDIA在各方面都面臨著問題。

“Risk-on assets have generally underdeveloped in the early months of 2025, despite signs of a recent recovery. Furthermore, growing competition, particularly in the GPU and AI sectors, threatens NVIDIA’s market leadership and could lead to a decrease in market share. Ongoing US tariffs also pose a significant risk, with little clarity on their future direction. These elements likely prompted some investors to reduce their exposure to NVIDIA, locking in profits after a remarkable rally that saw the stock price rise about x9 between early 2023 and the start of 2025,” Matteo Greco, Senior Associate at FINEQIA, told BeInCrypto.

“儘管有近期恢復的跡象，但風險耗資資產通常在2025年初的發展。此外，競爭的日益增長，尤其是在GPU和AI部門中，威脅NVIDIA的市場領導才能威脅到NVIDIA的市場份額下降，並可能導致不斷的美國關稅造成的巨大風險，從而使這些投資者更加明確，從而促進了這些投資者的進一步促進。經過一場驚人的集會，在2023年初至2025年初之間的股價上漲，” Fineqia的高級助理Matteo Greco告訴Beincrypto。

As such, Nvidia’s stock price has taken a hit. According to recent reports, Nvidia stock has fallen 35% since its latest price peak in January.

因此，NVIDIA的股價受到了打擊。根據最近的報導，NVIDIA股票自一月份的最新價格高峰以來下跌了35％。

Nvidia’s stock reacted especially poorly to the news that China’s Huawei Technologies is testing a new AI chip that could be more powerful than Nvidia’s H100.

NVIDIA的股票對中國華為技術正在測試一種新的AI芯片的消息特別有反應，該芯片可能比NVIDIA的H100更強大。

Given these circumstances, an investment in Bitcoin could help Nvidia mitigate current economic challenges and diversify its treasury assets.

鑑於這些情況，對比特幣的投資可以幫助NVIDIA減輕當前的經濟挑戰並使財政資產多樣化。

Should Nvidia Invest In Bitcoin For Its Treasury?

NVIDIA應該為其財政部投資比特幣嗎？

With its uncorrelated behavior relative to traditional markets and its capped supply, Bitcoin presents a strong inflation-hedging opportunity for companies.

比特幣相對於傳統市場不相關的​​行為及其限制的供應，為公司提供了強大的通貨膨脹圍牆機會。

If Nvidia were to consider this, it would follow a trend established by other companies that have invested in this asset class for similar reasons over the past few years.

如果要考慮這一點，它將遵循其他公司在過去幾年中出於類似原因投資於該資產類別的其他公司建立的趨勢。

“We have already seen similar cases when MicroStrategy and Tesla made headlines by allocating portions of their treasury into Bitcoin. Those cases demonstrated that a bold crypto strategy can capture market attention and align a company with future-oriented investors. In fact, as of April 2025, companies holding Bitcoin on their balance sheets control over 630,000 BTC (more than 3% of the supply), so NVIDIA wouldn’t be entirely alone in exploring this path,” Banxe CEO Alex Guts noted.

“我們已經看到了類似的案例，當時微型政體和特斯拉通過將部分財政部分配給比特幣而成為頭條新聞。這些案例表明，大膽的加密策略可以吸引市場的關注並與未來的投資者保持一致。實際上，截至2025年4月，截至2025年4月，截至全部持有比特幣的公司佔據了比特幣，而不是330,000個BTC（每330,000個），而不是3％的3％，而不是3％的3％，而不是3％的3％，則該公司的範圍是30％的，而卻是一定的。探索這條路，” Banxe首席執行官Alex Guts指出。

Such a move would significantly alter how other institutional investors view Bitcoin, potentially encouraging more companies to adopt a similar strategy. The crypto community would likely celebrate the news, believing it would solidify Bitcoin’s legitimacy as an asset class.

這樣的舉動將極大地改變其他機構投資者如何看待比特幣，從而鼓勵更多公司採用類似的戰略。加密社區可能會慶祝這一消息，認為它將鞏固比特幣作為資產類別的合法性。

“There’s also a stakeholder and market perception benefit. Holding Bitcoin might broaden NVIDIA’s appeal to a new class of investors or partners. It could attract interest from the crypto community and younger tech-savvy investors who see the company as aligned with their values. It could even factor into employee perception – many tech employees are enthusiastic about crypto, so this can help in positioning NVIDIA as a forward-thinking, attractive place to work,” Guts added.

“There's also a stakeholder and market perception benefit. Holding Bitcoin might broaden NVIDIA's appeal to a new class of investors or partners. It could attract interest from the crypto community and younger tech-savvy investors who see the company as aligned with their values. It could even factor into employee perception – many tech employees are enthusiastic about crypto, so this can help in positioning NVIDIA as a forward-thinking, attractive place to work,”膽量添加了。

This potential move by Nvidia would also align with the company’s existing ties to the cryptocurrency space, given its technology’s crucial role in Bitcoin mining.

鑑於其技術在比特幣採礦中的至關重要的作用，NVIDIA的這種潛在舉動也將與該公司與加密貨幣領域的現有聯繫保持一致。

Nvidia’s Role In The Bitcoin Ecosystem

NVIDIA在比特幣生態系統中的作用

Bitcoin mining, particularly its Proof-of-Work consensus mechanism, is a natural application for NVIDIA’s products.

比特幣採礦，尤其是其工作證明共識機制，是Nvidia產品的自然應用。

“NVIDIA is a company known for being at the cutting edge of tech (AI, graphics, etc.). By adding Bitcoin, they’d be reinforcing that image of being visionary. In fact, some would say this move leverages NVIDIA’s legacy in the crypto space – their GPUs were instrumental in cryptocurrency mining during the last decade,” Guts explained.

“ NVIDIA是一家以技術的最前沿（AI，圖形等）而聞名的公司。通過添加比特幣，他們將加強這種遠見形態的形象。實際上，有人會說，這一舉動在過去十二次的Cryptocurrency Mining中發揮了Nvidia在加密貨幣空間中的遺產 - 在加密貨幣領域中，他們的GPU在GPUS中發揮了作用。

To that point, Greco added:

為此，Greco補充說：

“There is already a natural link between NVIDIA and

“ Nvidia和