Bitcoin Is Now Larger Than Walmart, Netflix, Coca-Cola, Pepsi And McDonald’s Combined
Posted On November 12, 2024
Leading cryptocurrency Bitcoin (CRYPTO: BTC) is smashing through new all-time highs following the 2024 presidential election and is now valued significantly higher than many publicly traded companies.
What Happened: Bitcoin’s market capitalization is currently $1.765 trillion. That’s larger than the combined market capitalization of the following five companies:
- Walmart Inc (NYSE:WMT): $686.9 billion
- Netflix Inc (NASDAQ:NFLX): $349.7 billion
- Coca-Cola (NYSE:KO): $273.4 billion
- PepsiCo (NASDAQ:PEP): $225.5 billion
- McDonald’s Inc (NYSE:MCD): $214.5 billion
- Total: $1.75 trillion
That’s right. Bitcoin is worth more than the combined valuations of one of the …