Desperately asking Microsoft to short Bitcoin, preferably with 10 billion to short Bitcoin with a hundred times leverage. As long as Bill Gates dares to short, Big Mac and Musk can pull out 20 billion to make Bill Gates face a margin call.
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How much would you have made if you invested $1,000 in Bitcoin when Bill Gates said he would short BTC
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On December 10, Microsoft (NASDAQ: MSFT ) made crypto headlines after its shareholders overwhelmingly rejected MicroStrategy's (NASDAQ: MSTR ) Michael Saylor's urging for a corporate investment in Bitcoin ( BTC ).
In the short term, the decision had little impact on Microsoft's stock price, and although it did cause Bitcoin to plummet, the decline was extremely short-lived.
In fact, in early May 2018, Gates also made crypto headlines for declaring that he would short BTC if he could.
When Gates calls for shorting, how long is it?
While the long-term impact of Microsoft's shareholder decision remains to be seen, as of press time on December 13, 2024, Gates's personal opposition to Bitcoin has already been a decisive mistake.
Specifically, BTC was trading at $9,373 when the billionaire made his comments, while the world’s top cryptocurrency is trading at $100,273 at press time.
The price difference between May 7, 2018 and December 13, 2024 is 969.8%, which means that any investor who chose to go long Bitcoin with a $1,000 investment when Gates called for shorting Bitcoin would now have $10,698.07. In other words, they would have made a profit of $9,068 simply for not liking Bill Gates.
What will happen to the Bitcoin price in 2025? Looking ahead, numerous on-chain analysts and the community at large estimate that 2025 will bring even greater upside.
In fact, at press time, the perception is that Bitcoin has only just begun in its current bull cycle, and while breaking the $100,000 threshold is significant, it is only the first step.
In recent weeks, $250,000 has become a common price target for BTC by 2025, with many prominent investors, writers, and some of the most respected Wall Street analysts citing it as a reasonable goal.
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