Hi Guys,
It's Big & Big #alert About #MicroStrategy $12.82 Billion $ETH
Follow MeX.
How MicroStrategy Forfeited $12.82B Profit by Not Investing in Ethereum
Data shows Michael Saylor’s MicroStrategy missed out on a profit exceeding $12.82 billion by failing to invest its $7.59 billion in Ethereum.
Software firm MicroStrategy, led by Bitcoin bull Michael Saylor, has been a prominent institutional BTC inventor for close to four years, injecting $7.59 billion into the asset since 2020.
However, while MicroStrategy persistently committed substantial monthly funds to the BTC acquisition, Saylor unrepentantly retains maximalist views against other crypto assets.
Saylor is renowned for his claim that “there is no second best” crypto asset to Bitcoin. During a recent presentation, he told the audience that assets like Ethereum, XRP, Solana, BNB, and Cardano “are unregistered securities,” asserting none of them would ever be approved for an ETF.
Accordingly, analysts have challenged his views by evaluating MicroStrategy’s potential profitability if the firm had invested in Ethereum instead of Bitcoin.
By choosing #Bitcoin over #Ethereum, Michael Saylor missed out on a potential $10B+ gain.
MicroStrategy's #BTC investment is worth $14.946B, but if they had bought #ETH, it could have been $19.052B, or even $20.922B with staking.🚀💰
"There is no second best".
MicroStrategy Forfeited $12.82B+ Profit From a broader perspective, Saylor’s firm has invested approximately $7.59 billion in acquiring 214,400 Bitcoins. This investment is worth over $14.45 billion, yielding a profit of about $6.87 billion, with Bitcoin trading at $67,238.
Blockchain Center suggested that a similar investment in Ethereum would have given MicroStrategy a portfolio of 4,986,791 ETH. With ETH trading at $3,692, this portfolio would be worth approximately $18.4 billion.
Even at Bitcoin’s all-time high of $73,750, MicroStrategy’s investment would be worth $15.8 billion, still significantly less than an equivalent investment in Ethereum.