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Check out three stocks that surpassed the Bitcoin appreciation in 2021

Check out three stocks that surpassed the Bitcoin appreciation in 2021

Few investments in the world have offered a 60% return over a year. This was the performance of Bitcoin (BTC) , whose valuation obliterated most other applications. In Brazil, for example, only the cryptocurrency surpassed the official inflation index (IPCA).

In other words, those who invested in BTC guaranteed a real gain in purchasing power last year. But some US stocks delivered returns above this level. Three of them were highlighted: Alphabet (GOOGL), Nvidia (NVDA) and the controversy GameStop (GME).

Check now the performance of the trio of shares, according to TradingView data collected by CriptoFácil. The numbers take into account the period between January 1 and December 31, 2021.

Google Towards $2 Trillion

Alphabet is the holding company that controls the giant Google. As its main product grew, the holding company saw its shares drop from $1,731 on Jan. 1 to $2,906 at the end of the year. The valuation of the shares was 68% in this period.

As a result, Alphabet is now the third most valuable public company in the world, with $1.9 trillion in market value.

Valorização das ações do Google em 2021. Fonte: TradingView.

Nvidia grew up with cryptocurrencies

The graphics card manufacturer owes part of its significant appreciation in 2021 to the cryptocurrency market. With increasing demand for mining equipment, Nvidia's slabs experienced a price spike.

To prevent an inflation of the plates, Nvidia even installed blockers that prevented the use of mining equipment. However, this did not prevent the use of slabs for mining, which positively impacted the company's profits.

As such, Nvidia's share price, which opened in 2021 at $134.06, ended the year at $303.04 – a 125% gain. The company is worth about $750 billion on the stock market.

Valorização da Nvidia em 2021. Fonte: TradingView.

GameStop: action-meme that took the market

GameStop is a chain of video game stores that were destined for bankruptcy. However, their actions were the target of an intense buying campaign that began in an unpretentious way. But the strength of small investors made the shares appreciate no less than 687% in 2021.

Priced at US$16 on January 1st, GameStop even surpassed US$300 at the height of this movement. However, the stock ended the year at US$153.39, which is still an excellent level. The strength of small investors even brought down a large fund that operated short in the company.

The effect of GameStop started the cryptocurrency-meme fever, especially Dogecoin (DOGE) and Shiba Inu (SHIB), whose prices also rose sharply in 2021.

Valorização das ações da GameStop em 2021. Fonte: TradingView.

Also read: Remember what happened in 2021 in the crypto market

Also Read: See El Salvador's President's Six Predictions for Bitcoin in 2022

Read also: Ethereum betting site fined R$8 million in the United States

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