There is no second best
158,245 BTC
Invested: $ 4.715 billion,
currently worth: $ 4.342 billion (-8 %)
3,971,678 ETH
currently worth $ 6.500 billion (38 %)
Microstrategy BTC Holdings
And what if Microstrategy had bought ETH instead?
And what if Microstrategy had bought ETH instead?
-0.373 billion USD
with BTC
1.785 billion USD
with ETH
What about staking?
374,837 ETH
at 4%, currently worth $ 613.5 million
4,346,516 ETH
currently worth $ 7.114 billion
What if he buys ETH now?
2,653,160 ETH
...if he trades his BTC for ETH now...
217 million USD
Microstrategy never had this much operating income
Why this visualization?
Mainly because the data nerd in me was interested in the data. Now you can also use it for your petty Twitter dunks on Michael Saylor. Of course hindsight is 20/20, and his decision to convert his company cash (and more) into Bitcoin could have been (and still can be) the greatest decision ever. But saying “there is no second best crypto asset” is a bit of a stretch if you ask me and the data that is currently available.
