If MicroStrategy had initially bought Ethereum? Not only turned losses into profits, but also made a profit of 1.8 billion US dollars

The data platform "BlockchainCenter.net" has conducted a data comparison on its website regarding MicroStrategy's Bitcoin investment, providing a detailed list of how different the outcome would have been if Ethereum had been chosen instead.

Blockchain Center

The Blockchain Center is similar to data platforms like CoinMarketCap and CoinGecko, but it also offers features that they do not, such as:

Dollar Cost Averaging Data: Including the dollar cost averaging returns of various altcoins

Satoshi Cost Averaging Data: The returns of investing Bitcoin into various altcoins

Token Correlation: Including BTC, gold, SP500, and more

The Flippening Index: Comparing the market cap of ETH and BTC

Reaching 100% indicates ETH's market cap surpassing BTC.

Altcoin Season Index: Quantifying the number of altcoins outperforming BTC

What's most special is "There is no second best".

There is no second best

This phrase was mentioned by MicroStrategy's founder Michael Saylor in an interview discussing Bitcoin. The data is named after this phrase, as Michael Saylor believes no asset can be compared to Bitcoin. Previous statements praising Bitcoin are also featured on the website.

Statistics show that if MicroStrategy had initially invested in ETH, it would be worth $5.839 billion instead of $2.749 billion. Previously reported, MicroStrategy's cost of holding is around $4 billion.

Additionally, the website calculates additional staking returns, generating approximately 239,691 ETH valued at $395 million with a 4% annual return, bringing the total holdings value to $6.234 billion.

Even if MicroStrategy decides to convert BTC to ETH now, it would still generate $137 million in staking returns annually.

The author of the website is Holger, the host of the "KONSENS & NONSENS" Podcast. He explains the motivation behind creating this data:

Primarily, it was created out of a passion for data. Now, you can even use this to taunt Michael Saylor on Twitter. Of course, hindsight is always the most accurate. His decision to convert company cash into Bitcoin may be one of the greatest decisions ever made. However, if you ask me, based on the existing data, saying there is no second best cryptocurrency asset after Bitcoin is a bit of a stretch.