Deep Tide TechFlow news, on July 19, Strategy Executive Chairman Michael Saylor retweeted on platform X stating that if instead of purchasing a new iPhone each time it is released, one buys Bitcoin with the same amount of money, the current profit could reach $242 million.

The BTC price of the iPhone has been used by the crypto community as a benchmark to measure Bitcoin's purchasing power, with investors comparing the Bitcoin prices of iPhones from previous years to understand the value proposition of cryptocurrency.