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Market research platform Bull Theory said on Thursday, October 15, that quantum-computing progress has narrowed Bitcoin’s long-term security gap, but no existing machine can currently threaten the network.
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Quantum computing companies remain years away from profitability, with most relying on stock sales rather than customer revenue. IBM has the financial capacity to wait until 2028-2029, IonQ shows real revenue growth but heavy cash burn and dilution, while D-Wave and Rigetti have promising bookings but minimal revenue. Alphabet and Nvidia are positioned as bystanders rather than quantum revenue stories.