Bitcoin’s positioning is quietly being reshaped.

Traditionally, it has been seen as digital gold, serving as a store of value. But now, a new chapter is unfolding—energy storage.

Jensen Huang, CEO of Nvidia, recently offered an interesting perspective. The CEO of this $4.5 trillion tech giant believes that Bitcoin is essentially converting surplus electricity into a portable form of money. “You can take it with you anywhere,” is how he described this unique property.

From digital gold to an energy carrier, this shift reflects the industry’s renewed thinking about Bitcoin’s value proposition. While computing power and energy consumption have long been criticized, looking at it from another angle, this could be a new way to monetize wasted energy.