March 25, 2025
Bitcoin Over Tesla?
With a $1.7 trillion market cap, double that of Tesla’s, Bitcoin provides a stronger risk-reward balance. Geoffrey Kendrick, the bank’s digital assets research head, argues that Bitcoin fits better with Nasdaq than gold, making it a strong addition to tech-heavy portfolios.
Source: Yahoo Finance
Moreover, since 2017, Mag 7B has outperformed the original by 5%, delivering stronger returns in five of the past seven years, with nearly 2% less volatility.
Revising Institutional Portfolios
Bitcoin’s growing role as both a tech asset and hedge further solidify its place among companies like Apple and Microsoft, as well as others like Strategy, Goldman Sachs, and Metaplanet.
The rise of Bitcoin ETFs has also made trading it as easy as major stocks, with Bitcoin fulfilling dual roles in both tech and traditional finance portfolios.
Following Standard Chartered’s testing of their new version, Bitcoin rose over 3.5%, pushing the total crypto market cap to $2.9 trillion. Meanwhile, altcoins like ETH, XRP, SOL, and DOGE also saw gains.
