MicroStrategy Could’ve Doubled If It Backed $XRP
Instead of BTC — According to Ex‑Ripple Dev
A former Ripple developer and Bitwise CEO Hunter Horsley argue that firms like MicroStrategy, which hold Bitcoin on their balance sheets, might have seen 2× the upside had they backed XRP instead .
📊 Why XRP Could’ve Been a Better Bet
XRP has delivered a 277% outperformance vs Bitcoin YTD, even without ETF approvals or DeFi yield .
Ripple holds over 41B XRP (incl. escrow), giving it significant treasury-like influence—prompting comparison to MicroStrategy’s role in BTC .
Institutional interest is rising: several firms view XRP as a treasury asset, signaling growing institutional adoption .
Market & Strategy Implications
1. XRP has already beaten BTC significantly this year — a signal for serious alternative asset performance .
2. Ripple’s large XRP reserves mean it could lean into treasury strategies as institutions do with BTC .
3. With rising capital flows into XRP, diversifying into it—even alongside BTC—could capture stronger macro upside.
✅ The Takeaway
While MicroStrategy’s Bitcoin strategy proved profitable, it may have missed out on potential 2× gains by overlooking XRP. As XRP’s real-world adoption and institutional utility expand, its role as a treasury asset grows more compelling.
If you’re hedging or diversifying:
Consider adding XRP to your treasury or reserves.
Watch XRP’s performance vs BTC in derived metrics and institutional inflows.