Nvidia Earnings Beat Lifts Bitcoin Miners as BTC Holds Near $77,300

Nvidia delivered blowout Q1 results on May 20, reporting $81.62 billion in revenue and guiding to roughly $91 billion next quarter, which lifted shares of Bitcoin miners with data-center exposure. Bitcoin traded little changed near $77,300, down from the $78,000 level seen on May 18 when analysts had favored Nvidia over BTC for the short term. The chipmaker also authorized an $80 billion buyback and raised its dividend, underscoring sustained hyperscaler demand for AI compute that is now spilling over positively to crypto-mining equities.