Cisco (CSCO), measured in bitcoin
One Cisco share costs 138,403 sats today ($115.07). That's 137% more sats than a year ago, so over the past year the stock beat holding bitcoin. Since 2019, its shareholder return has been +2.4% a year in dollars, slower than the money supply grew (+6.6%), and −28% a year measured in bitcoin.
What one share costs in bitcoin today ($115.07). One bitcoin is 100 million sats.
More sats per share than a year ago. Above zero means the stock beat simply holding bitcoin.
Cash the business produces per share, plus how fast that grows, since 2019. Trailed new dollars (+6.6%/yr); trailed bitcoin (+1.8%/yr new supply).
What each $1 it spent buying back its own stock since 2019 is worth today, versus the same $1 in bitcoin bought at the same times. Bitcoin wins.
$17.3 billion of revenue in the quarter to Jul 25, 2026, at that quarter's average price: ₿249,734 of the 21 million that will ever exist.
Since mid-2022 it kept $7.1 billion of free cash flow after dividends and buybacks.
How it compares: tech
Sorted by the past year in bitcoin. Within the same window every stock is divided by the same bitcoin price, so the order matches dollars; what bitcoin adds is the line at zero: above it, the stock beat holding bitcoin.
| Company | Sats per share | Past year, ₿ | Vs 2019 avg, ₿ | Shareholder return, ₿ |
|---|---|---|---|---|
| Sandisk SNDK | 1,782,902 | +1428% | n/a | – |
| Micron Technology MU | 1,146,468 | +586% | +73% | +11%/yr |
| Dell Technologies DELL | 688,550 | +418% | +57% | −24%/yr |
| Advanced Micro Devices AMD | 728,313 | +288% | +62% | +9.4%/yr |
| Intel INTC | 123,657 | +283% | −85% | −47%/yr |
| Lam Research LRCX | 362,166 | +203% | +14% | −17%/yr |
| Applied Materials AMAT | 558,374 | +193% | −21% | −21%/yr |
| Palo Alto Networks PANW | 477,536 | +158% | −19% | −18%/yr |
| Cisco CSCO | 138,403 | +137% | −83% | −28%/yr |
| Texas Instruments TXN | 346,217 | +128% | −81% | −30%/yr |
| Arista Networks ANET | 245,990 | +92% | −1.3% | −9.1%/yr |
| Apple AAPL | 410,469 | +91% | −48% | −17%/yr |
| NVIDIA NVDA | 274,857 | +68% | +303% | – |
| Palantir Technologies PLTR | 250,982 | +63% | n/a | – |
| Qualcomm QCOM | 212,722 | +52% | −80% | −21%/yr |
| Microsoft MSFT | 653,645 | +47% | −67% | −25%/yr |
| Broadcom AVGO | 429,762 | +39% | −5.4% | −13%/yr |
| Salesforce CRM | 286,271 | +33% | −88% | −4.8%/yr |
| Accenture ACN | 256,864 | +22% | −91% | −12%/yr |
| IBM IBM | 277,575 | +15% | −87% | −25%/yr |
| ServiceNow NOW | 166,716 | +4.1% | −79% | −11%/yr |
| Adobe ADBE | 284,190 | −3.4% | −93% | −5.6%/yr |
| Oracle ORCL | 172,237 | −36% | −80% | – |
| Intuit INTU | 362,575 | −36% | −91% | −4.3%/yr |
Questions
- How many sats is one Cisco share?
- 138,403 sats ($115.07) at the close on October 13, 2026, or 0.00138 bitcoin.
- Has Cisco beaten bitcoin?
- Measured by share price, no: a share costs 83% fewer sats than its 2019 average (in dollars: +128%). Measured by the business (cash generated per share and its growth), −28% a year in bitcoin terms, behind bitcoin's supply growth.
- Did Cisco's buybacks beat bitcoin?
- No. It spent $46.1 billion buying back its own stock since 2019. Each $1 is now worth $2.12 in shares; the same $1 in bitcoin, bought at the same times, would be worth $5.43. (Per dollar: at that size the buying itself would have moved bitcoin's price.)