Iran and Israel spent over $25 billion in the '12-Day War', accounting for 1% of the total Bitcoin supply
According to a report by the digital tool Opportunity Cost, the conflict between Iran and Israel resulted in approximately $25.5 billion in losses, which translates to over 240,837 bitcoins at current Bitcoin prices.
According to the platform's analysis, each 'Arrow' interceptor missile launched by Israel is worth about $3 million, equivalent to approximately 28.3 bitcoins, while each missile launched by Iran is valued at about $2 million, or about 18.9 bitcoins. During this nearly two-week exchange of fire, Israel fired 50 to 100 interceptor missiles each night to counter Iran's numerical advantage.
According to the platform, Israel launched 'Arrow' interceptor missiles worth approximately $3 million (around 28.3 bitcoins) to counter Iran's missiles, each valued at about $2 million (about 18.9 bitcoins). This exchange of fire lasted nearly two weeks and was repeated each night, during which Israel launched a total of 50 to 100 of these high-tech interceptor missiles.
Iran, on the other hand, adopted a quantity-over-quality strategy, firing over 400 ballistic missiles and more than 1,000 drones, with the cost of its offensive weapons amounting to approximately 7,554 bitcoins. Additionally, as part of its broader missile defense strategy, Israel's spending on Arrow interceptors reached at least 2,124 bitcoins.
To prevent the conflict from escalating, the U.S. also participated in this conflict through airstrike operations codenamed 'Midnight Hammer.' This mission deployed seven stealth bombers to drop bunker buster bombs, with each attack estimated to cost about 30.2 bitcoins, roughly equivalent to $3.2 million. In just one night, the total cost of the standoff increased by approximately 9,442 bitcoins.
When the smoke cleared, this 12-day conflict came to an end, leaving a staggering cost. This Middle East conflict (the military actions of Iran, Israel, and the U.S.) has been like a resource meat grinder, consuming a total of approximately 240,837 bitcoins, accounting for about 1% of the total Bitcoin supply.
In summary, this conflict was not only a military contest but also an economic war of attrition, highlighting that even digital currencies cannot remain unscathed in the face of geopolitical turmoil.
