From Warren Buffett's Berkshire Hathaway To Jeff Bezos' Amazon — Bitcoin Is Now Outshining These Wall Street Titans

Benzinga
2025.05.22 02:49
portai
I'm PortAI, I can summarize articles.

Bitcoin has surpassed major Wall Street companies, becoming the fifth-largest asset by market capitalization at $2.183 trillion. The cryptocurrency's rally, fueled by institutional inflows and positive sentiment, has outperformed giants like Amazon, Alphabet, Meta Platforms, and Tesla. Bitcoin's valuation is nearly double that of Berkshire Hathaway and only trails gold. Currently, Bitcoin is priced at $110,216.25, reflecting a 7.30% increase in the last 24 hours and over 57% growth over the past year.

Bitcoin overtook several Wall Street behemoths Wednesday to become the fifth-largest asset by market capitalization.

What happened: The leading cryptocurrency broke its all-time high, helped by a growing wave of institutional inflows and improved sentiment around tariffs.

The rally pushed Bitcoin's market capitalization to $2.183 trillion, higher than some of the largest technology companies on the planet.

As seen from the table below, Bitcoin was more valuable than Amazon, Google’s parent company Alphabet, Facebook's parent company Meta Platforms and the electric vehicle juggernaut Tesla, all of which are part of the high-performing “Magnificent 7” cohort.

The leading cryptocurrency has also outperformed Saudi Aramco, the world’s largest oil producer and most valuable energy company.

Additionally, Bitcoin's valuation was nearly double that of Warren Buffett's multinational holding company Berkshire Hathaway

Bitcoin was only surpassed by gold, which had a staggering $22.34 trillion capitalization, and the other Mag 7 firms, which included NVIDIA Corp. NVDA, Microsoft Corp. MSFT and Apple Inc. AAPL.

Disclosure: 82% of retail CFD accounts lose money

Price Action: At the time of writing, BTC was exchanging hands at $110,216.25, up 7.30% in the last 24 hours, according to data from Benzinga Pro. Over the last year, the coin has gained over 57%.

The Roundhill Magnificent Seven ETF MAGS, which offers exposure to the Mag 7 stocks, closed 1.10% lower at $51.42 during Wednesday’s regular session.

The ETF demonstrated a moderately high momentum score—a measure of the stock's relative strength based on its price movement patterns and volatility over multiple timeframes—as of this writing. If you are seeking similar high-momentum stocks for your portfolio, check out Benzinga Edge Stock Rankings for more details.

Photo Courtesy: Yalcin Sonat on Shutterstock.com

  • Want A Tesla Cybertruck? Gemini’s New Bitcoin Credit Card Could Be Your Ticket
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.