在最近的猜测之后，NVIDIA会在国库中增加比特币吗？

最近，关于NVIDIA在其财政部储备中增加比特币的猜测最近浮出水面。

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

最近，人们对NVIDIA（NASDAQ：NVDA）的猜测可能会在其财政部储备中添加比特币（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.

这些未经证实的报告引发了讨论比特币机构采用增加的广泛含义，以及这可能会影响NVIDIA，NVIDIA的股票价值今年大大下降。

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采访了来自几个机构的代表，包括Banxe，Fineqia，Coinshares，Bitunix和Acre BTC，讨论了比特币对NVIDIA的潜在收益，以及从长远来看，此类投资是否最终使公司受益。

What Surfaced Online

什么在网上浮出水面

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.

在过去的几周中，社交媒体上有几份报告表明，GPU加速计算的先驱Nvidia正在考虑将比特币添加到其资产负债表中。

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.

鉴于NVIDIA尚未就比特币潜在的国库投资做出任何正式陈述，这些报告仍纯粹是推测性的。当Beincrypto提出意见时，NVIDIA发言人拒绝置评。

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，这些谣言突显了这种决定对比特币公众看法的重大影响。鉴于NVIDIA目前的经济环境以大幅下降的股票价值下降，因此宣布这种性质并不是完全出乎意料的。

Recent Economic Challenges Faced By Nvidia

NVIDIA面临的最新经济挑战

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.

在过去的五个月中，NVIDIA遇到了一系列经济和地缘政治障碍，这些障碍极大地影响了公司的运营和整体财务绩效。

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.

从拜登时代的出口限制和特朗普最近的贸易政策到全球通货膨胀风险，美元削弱以及其他GPU制造商的竞争增加，NVIDIA在各方面都面临着问题。

“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.

“尽管有近期恢复的迹象，但风险耗资资产通常在2025年初的发展。此外，竞争的日益增长，尤其是在GPU和AI部门中，威胁NVIDIA的市场领导才能威胁到NVIDIA的市场份额下降，并可能导致不断的美国关税造成的巨大风险，从而使这些投资者更加明确，从而促进了这些投资者的进一步促进。经过一场惊人的集会，在2023年初至2025年初之间的股价上涨，” Fineqia的高级助理Matteo Greco告诉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的股价受到了打击。根据最近的报道，NVIDIA股票自一月份的最新价格高峰以来下跌了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的股票对中国华为技术正在测试一种新的AI芯片的消息特别有反应，该芯片可能比NVIDIA的H100更强大。

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

鉴于这些情况，对比特币的投资可以帮助NVIDIA减轻当前的经济挑战并使财政资产多样化。

Should Nvidia Invest In Bitcoin For Its Treasury?

NVIDIA应该为其财政部投资比特币吗？

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

比特币相对于传统市场不相关的​​行为及其限制的供应，为公司提供了强大的通货膨胀围墙机会。

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.

如果要考虑这一点，它将遵循其他公司在过去几年中出于类似原因投资于该资产类别的其他公司建立的趋势。

“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.

“我们已经看到了类似的案例，当时微型政体和特斯拉通过将部分财政部分配给比特币而成为头条新闻。这些案例表明，大胆的加密策略可以吸引市场的关注并与未来的投资者保持一致。实际上，截至2025年4月，截至2025年4月，截至全部持有比特币的公司占据了比特币，而不是330,000个BTC（每330,000个），而不是3％的3％，而不是3％的3％，而不是3％的3％，则该公司的范围是30％的，而却是一定的。探索这条路，” Banxe首席执行官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.

这样的举动将极大地改变其他机构投资者如何看待比特币，从而鼓励更多公司采用类似的战略。加密社区可能会庆祝这一消息，认为它将巩固比特币作为资产类别的合法性。

“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,”胆量添加了。

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.

鉴于其技术在比特币采矿中的至关重要的作用，NVIDIA的这种潜在举动也将与该公司与加密货币领域的现有联系保持一致。

Nvidia’s Role In The Bitcoin Ecosystem

NVIDIA在比特币生态系统中的作用

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

比特币采矿，尤其是其工作证明共识机制，是Nvidia产品的自然应用。

“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是一家以技术的最前沿（AI，图形等）而闻名的公司。通过添加比特币，他们将加强这种远见形态的形象。实际上，有人会说，这一举动在过去十二次的Cryptocurrency Mining中发挥了Nvidia在加密货币空间中的遗产 - 在加密货币领域中，他们的GPU在GPUS中发挥了作用。

To that point, Greco added:

为此，Greco补充说：

“There is already a natural link between NVIDIA and

“ Nvidia和