Bitcoin surpasses Amazon to become the world's fifth most valuable asset

B.news
10 May 2025 03:09:31 PM
Bitcoin rebounded strongly, breaking through the $100,000 mark again and hitting a high of $104,000 on May 9, successfully surpassing e-commerce giant Amazon to become the world's fifth most valuable asset.
Bitcoin surpasses Amazon to become the world's fifth most valuable asset
After several weeks of adjustment, Bitcoin (BTC) rebounded strongly, breaking through the $100,000 mark again and hitting a high of $104,000 on May 9. Its market value also set a new record, successfully surpassing e-commerce giant Amazon and becoming the world's fifth most valuable asset.According to the latest data from CoinMarketCap, as of press time, Bitcoin was trading at $103,234.98, up 3.67% on the day and up more than 33.6% in the past month.Bitcoin's market value surpasses Amazon and ranks among the top five in the worldThe current total market value of Bitcoin has reached $2.045 trillion, surpassing Amazon's $2.039 trillion, marking the first time it has stood above the tech giant in the market value rankings. Although Amazon's stock price is still on an upward trend (the latest trading price is $192.08, up 1.79%), Bitcoin's growth is not just a rise in price, but also a further improvement in the status of crypto assets in the mainstream financial field.According to CompanyMarketCap data, with this jump, Bitcoin's market value has also surpassed silver, Google's parent company Alphabet and Meta, officially becoming the world's fifth largest asset, second only to Microsoft, Apple, Saudi Aramco and Alphabet.Sina G., co-founder and COO of 21st Capital, also posted on social media:"Bitcoin has just surpassed Amazon and become the world's fifth largest asset.- No CEO- No headquarters- No marketing teamOnly code, faith and global demand. Next stop: NVIDIA."This progress highlights that Bitcoin is no longer just seen as a "speculative asset", but is gradually becoming a mainstream reserve and wealth management tool.Bitcoin has been rising all the way, and institutional attention continues to riseIn fact, this is not the first time that Bitcoin has approached the valuation of large technology companies. In April 2025, benefiting from the easing of global trade tensions and the rebound of technology stocks, Bitcoin's market value briefly surpassed Amazon and Google, reaching 1.86 trillion US dollars, and the unit price also exceeded 94,000 US dollars. The rise above the $100,000 mark is even stronger, even exceeding the stage high of $109,000 during Trump's re-election in January 2025.The market reaction was also extremely intense. According to CoinGlass data, this round of rise alone triggered nearly $1 billion in short liquidations, and more than 190,000 traders suffered losses, forming the worst "short squeeze" since 2021.Will Amazon join the Bitcoin ecosystem?The rise of Bitcoin is attracting more and more attention from traditional giants. As early as December 2024, the National Center for Public Policy Research (NCPPR) urged Amazon to allocate part of its $88 billion corporate reserve funds to Bitcoin to adapt to new financial trends.The proposal believes that crypto assets are rapidly becoming an important corporate financial tool. As a leading global technology company, Amazon may lose its competitive advantage in long-term strategy if it ignores this trend.As the market value of Bitcoin continues to rise, its position in the global financial system is undergoing fundamental changes. It not only shakes the status of traditional assets, but also affects the capital structure and financial strategy of enterprises. The next stop, as Sina G. said, may be to challenge NVIDIA and even the top three in the world.