Alphabet, Nvidia and Gamestop outperformed Bitcoin in 2021
Alphabet, Nvidia and Gamestop outperformed Bitcoin in 2021
Bitcoin

Alphabet, Nvidia and Gamestop outperformed Bitcoin in 2021

By Martina Canzani - 6 Jan 2022

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Although Bitcoin‘s annual return has reached 30%, companies such as Alphabet, Nvidia and Gamestop have surpassed it.

Bitcoin’s price in 2021

If we count the last 365 days, Bitcoin has risen in price by 31%, having reached a low of $28,000 and now standing at $46,000. It must also be taken into account, however, that during 2021, Bitcoin saw its all time high, reaching almost $69 thousand in value per single BTC.

In addition, BTC’s market capitalization remains at an all-time high – $880 billion – and in fact it is still in first place on CoinMarketCap.

Bitcoin price 2021
Bitcoin in 2021 increased by 33%

The shares of Nvidia and Alphabet

In contrast, technology companies such as Nvidia and Alphabet appear to have an even higher market cap, with their shares increasing by 68% during 2021.

Other technology stocks have also seen good growth: for example, Nvidia’s shares have risen 125%, taking its market cap to over $750 billion.

But that’s not all: Microsoft’s shares rose 54%, Apple‘s 41% and Tesla‘s 64%.

The case of Gamestop

And then there are the shares of GameStop, the most famous video game retailers.

Their share price started at around $20 at the beginning of 2021 and went up to almost $150 at the end of the same year. This is essentially a 687% increase.

During 2021, the company was much talked about thanks to the Reddit group WallStreetBets who had organized a pump to raise the share price and go against the Wall Street traders who were selling them off.

Gold vs Bitcoin

While Bitcoin is usually taken as a digital safe-haven asset, gold is the other store of value par excellence, though it has fallen 3.51% this year.

Martina Canzani

Graduated in Law at the University of Milan. After completing her academic studies, she became interested in the world of blockchain, finding it a powerful tool for redemption. Her passion then turned into a job, and now she invests in early-stage projects in decentralised finance and DAO and writes articles on all the news concerning the crypto world.

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