How much money would MicroStrategy receive if it bought Ethereum instead of Bitcoin?

in bitcoin •  2 years ago 

Michael Saylor officially left the post of CEO of the company last month, but formally he remains the head of MicroStrategy. His voice is also important in the purchase of crypts, and here Sailor is even ready to get into debt for Bitcoin: recall, some of the coins on the balance sheet were purchased under the company's debt obligations. Such a risky policy causes criticism and even bewilderment among many — especially against the background of the prospects that MicroStrategy could get with the acquisition of Ethereum.That is, periodic purchases of ETH for the same amounts and on the same dates would now give the company a profit of $ 1.835 billion.

Moreover, if the company invested in Ether, the coins could be used in betting after the altcoin switched to a new Proof-of-Stake (PoS) consensus algorithm. This strategy would bring MicroStrategy $393.7 million per annum with the current profitability of the stake at 4 percent per annum.Even if MicroStrategy now exchanges all its BTC for ETH, it will be able to earn approximately $ 137 million per annum on staking, provided a stable percentage of profitability. Recall that the profitability of staking depends on the number of people who take part in it. Nevertheless, the issue of Ethereum for the creation of a block is fixed, which means that in the event of an increase in the number of stake holders, the reward will be shared among a large number of users.
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