A digital asset

investment fund

Viska is an alternative investment fund based in Iceland that invests in digital assets.

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Bitcoin Surpasses Silver: A Modern Asset Redefining Value


In a groundbreaking milestone, Bitcoin has officially surpassed silver's market capitalization, becoming the 7th most valuable asset globally. This achievement is particularly remarkable when you consider silver's 4,000-year history as a store of value compared to Bitcoin’s launch in 2009.

As of today, Bitcoin has reached a new all-time high price of $99,486 USD. This isn’t just a testament to Bitcoin’s technological innovation but also its growing recognition as a store of value and financial asset.

Here you can see that Bitcoin has not only overtaken Silver, but also the oil refining giant, Saudi Aramco. Full chart here

Yet, Bitcoin's journey is far from over. Positioned within its adoption curve, Bitcoin's potential is immense as more people and institutions recognize its value and utility.

Relative to the early adoption of the internet, we can see that cryptocurrency is following a similar trajectory. Chart from Galaxy

Just as streaming services replaced DVDs and reshaped the entertainment industry, Bitcoin is redefining how we perceive and store value. Its rise signals a transformation, proving that modern innovations can challenge and surpass traditional systems.


Author
Guðlaugur Steinarr GíslasonFjárfestingastjóri - Meðstofnandi