Strategy May Be the Better Bet for 10x Returns Than Nvidia
Nvidia is the most valuable business in the world, with a market capitalization of almost $5.5 trillion.
Its stock price has skyrocketed, making it hard not to be optimistic about its future prospects.
However, a cryptocurrency stock that has fallen 50% this year may have a better chance of rising 900% over the coming decade.
The company in question is Strategy, formerly known as MicroStrategy, which owns $54 billion worth of Bitcoin.
History suggests that Bitcoin experiences boom-and-bust cycles in four-year waves, and past data indicates that the cryptocurrency will reach a bottom late this year before starting its ascent.
This puts Strategy in an advantageous position, as it is a levered bet on Bitcoin.