eToro CEO Cashes In: Early Bitcoin Bet at $5 Nets $50M Windfall

Back when Wall Street scoffed at ’magic internet money,’ eToro’s CEO quietly stacked Bitcoin at $5. Today? A cool $50 million profit—proving once again that finance’s old guard misses every revolution until it’s too late.

While traditional investors were busy shorting innovation, crypto’s patient hodlers watched their faith compound into generational wealth. The ultimate ’I told you so’ to every skeptic who dismissed Satoshi’s invention as a passing fad.

Funny how the same bankers who once mocked Bitcoin now charge you 2% annually for the privilege of holding their inflationary paper.

eToro’s IPO

eToro’s public debut on Nasdaq follows an 18-year journey and a pivot to profitable growth, according to Assia. 

The company previously scrapped a SPAC merger in 2021 and instead waited for sustained profitability before going public.

The company now joins a growing list of trading platforms with DEEP crypto roots that have matured into broader financial service providers, even as Bitcoin continues to shape their origin stories.