Is Bitcoin becoming a corporate strategy?

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Past performance is not a guarantee of future results. An investor cannot invest directly in an index.

This does not constitute a recommendation of any investment strategy or product for a particular investor. Investors should consult a financial professional/financial consultant before making any investment decisions.

The opinions expressed are those of the author, are based on current market conditions and are subject to change without notice. These opinions may differ from those of other Invesco investment professionals.

Cryptocurrencies such as bitcoin are considered a highly speculative investment due to their lack of guaranteed value and limited track record. Because of their digital nature, they pose risk from hackers, malware, fraud, and operational glitches. Bitcoins and other cryptocurrencies are not legal tender and are operated by a decentralized authority, unlike government-issued currencies. Cryptocurrency exchanges and cryptocurrency accounts are not backed or insured by any type of federal or government program or bank.

Digital assets, including crypto funds, are highly speculative and volatile. They may become illiquid at any time and are intended for investors with a high-risk tolerance. Investors could lose the entire value of their investment. Digital assets are largely unregulated and may be more susceptible to fraud and manipulation.

Growth stocks tend to be more sensitive to changes in their earnings and can be more volatile.

Forward-looking statements are not guarantees of future results. They involve risks, uncertainties and assumptions, there can be no assurance that actual results will not differ materially from expectations.

The Nasdaq-100® Index is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange.

A spot Bitcoin exchange-traded fund (ETF) is an investment that exposes ordinary investors to Bitcoin’s price moves.

The Financial Accounting Standards Board (FASB) is an independent, private-sector, non-profit organization that establishes financial accounting and reporting standards for public and private companies.

A stablecoin is a type of cryptocurrency designed to maintain a stable value, typically by being tied to a specific asset.

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This content should not be construed as an endorsement for or recommendation to invest in Microsoft, NVIDIA, Apple, Amazon, Meta, Tesla, Alphabet, Palantir, PayPal, Advanced Micro Devices, nor Costco. Neither Microsoft, NVIDIA, Apple, Amazon, Meta, Tesla, Alphabet, Palantir, PayPal, Advanced Micro Devices, nor Costco are affiliated with Invesco. Only 11 of 101 underlying Invesco QQQ ETF fund holdings are featured. The companies referenced are meant to help illustrate representative innovative themes, not serve as a recommendation of individual securities. Holdings are subject to change and are not buy/sell recommendations. See invesco.com/qqq for current holdings. As of June 4, 2025, Microsoft, NVIDIA, Apple, Amazon, Meta, Tesla, Alphabet, Palantir, PayPal, Advanced Micro Devices, and Costco made up 8.61%, 8.40%, 7.59%, 5.49%, 3.68%, 3.12%, 4.82% (combined Alphabet A & C), 1.83%, 0.43%, 1.15%, and 2.89%, respectively, of Invesco QQQ ETF.