Bitcoin’s Early Bet Pays Off: How $2,000 Turned Into a Fortune
Flashback to when Strategy first bought BTC—had you thrown in $2,000, you’d be laughing all the way to the blockchain bank by now. Here’s the brutal math.
The Numbers Don’t Lie
Early adopters who trusted Bitcoin’s chaotic potential saw returns that’d make Wall Street’s ’safe’ ETFs blush. Compound growth cuts through traditional finance like a hot wallet through butter.
A Reality Check for the Skeptics
Of course, hindsight is 20/20—just ask the hedge fund managers still waiting for that ’imminent crypto collapse’ they’ve predicted every year since 2013.
Where is Bitcoin At The Moment?
At the time of writing, Bitcoin was trading at $105,935.04. This comes after a notable rise of 2.69% during the past 24 hours. Just earlier today, the king coin was trading at a low of $102,112.69 before jumping to a high of $106,814.18. Currently, the world’s largest cryptocurrency is only 2.92% away from its all-time high of $109,114.88.
Similar to several other firms, Strategy entered the bitcoin market several years after the asset’s debut. According to data, Saylor’s company started its Bitcoin journey in August 2020. During this period, Strategy purchased a total of 21,454 BTC. This was worth a staggering $250 million back then. The firm’s most recent purchase includes 7,390 BTC for $765 million. Strategy currently holds 576,230 BTC.
Can $2,000 Bring In Life-Changing Gains?
In August 2020, when MicroStrategy first bought Bitcoin, an investor WOULD have invested $2,000 at an average price of $11,654. Now, the same investment would be worth about $18,102.43. This amounts to a noteworthy 800% return in less than five years. If an investor had poured in a higher amount, the returns would have been much larger.
