Attention, lovely people! 🤩 Today we bring you big news that will leave you thinking: what if MicroStrategy, that company that became famous for accumulating Bitcoin as if there were no tomorrow, had chosen another path? 🤯
It turns out that MicroStrategy (whose shares you probably know as MSTR) has had a brutal growth of 3,477.51% in the last five years! 📈 This is because they went all in on buying Bitcoin and made it their main reserve asset. But here's the interesting part: a crypto expert, Matt Hamilton (who previously worked at Ripple Labs and IBM), dropped a bomb on X saying that if MicroStrategy had invested the same amount of money in XRP instead of Bitcoin, their portfolio could have doubled! 🤑 Yes, you read that right, doubled!
This is because, although Bitcoin has grown quite a bit (77% in the last year), XRP, despite its long legal battle with the SEC of the United States, skyrocketed by 495% in the same period! 🚀 This makes us think about how different the landscape would be for MicroStrategy if they had opted for this altcoin.
But the story doesn't end there. MicroStrategy has not only grown in the stock market, but its treasury is already the ninth largest among companies listed on the S&P 500! 💰 With over $71 billion in Bitcoin, they are competing with giants like Amazon, Google, and Apple! However, the number one is Berkshire Hathaway, Warren Buffett's company, with $410 billion. What a tremendous difference!
What is a fact is that MicroStrategy has opened the door for other companies to follow suit and start fully investing in cryptocurrencies as a store of value. We are already seeing Semler Scientific and GameStop betting on Bitcoin, but watch out, others like SharpLink Gaming are diving into Ethereum, and there are companies like Webus International going all in on XRP! 💫
This shows that the world of crypto is booming and that companies are seeing the potential beyond Bitcoin. MicroStrategy's move has validated that cryptocurrencies are the future, and more and more companies want to ride this wave with more varied and, in some cases, more accessible options.
Will we see more companies following MicroStrategy's example, but exploring other cryptocurrencies? The future of finance is being rewritten before our eyes! 🧐$BTC $ETH $XRP
