Wrong Choice by Michael Saylor: He Could Have Made Nearly $2 Billion If He Had Chose Ethereum Over Bitcoin

If MicroStrategy, founded by Michael Saylor, had invested in Ethereum (ETH) instead of Bitcoin (BTC), it would have made $ 1.84 billion in profit.

crypto analytics firm Blockchain Center published a chart showing the value of its portfolio in the scenario where MicroStrategy invests in Ethereum instead of Bitcoin, in the data shared on its official website. If the company had invested in Ethereum in the chart much more valuable appears to have a portfolio.

According to the data, in total from Bitcoin investments, 1.25 billion If the company that made a loss in dollars had invested in Ethereum, it would be approximately 1.84 billion dollars would be in the snow. In addition, the company has expanded its Ethereum portfolio. 4% in total if he had staked with the rate of return 394.6 million would earn $ staking income. in total 5.83 billion The portfolio of the company, which will have a $ Ethereum investment, together with the ETHs obtained by staking 6.2 billion would rise to the dollar. The company currently has a total 2.73 billion He owns a $100 Bitcoin portfolio.

On the other hand, if the company converts its Bitcoin investments to Ethereum as of now to 1.6 million ETH will have and annual 136 million It was seen that he would receive dollar staking income.

The Blockchain Center team commented on the issue that criticism of retrospective investment decisions it doesn’t make much sense but Michael Saylor there is no second best crypto asset their statements exaggeration He said they found it.

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