According to ChainCatcher, Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), reposted on X platform that if one chose to buy BTC instead of purchasing a new iPhone at each release, with the same amount of money, the potential earnings could reach $242 million. The BTC price of an iPhone has been used by the crypto community as a benchmark to measure Bitcoin's purchasing power, with investors comparing the BTC price of iPhones from previous years to understand the value proposition of cryptocurrency.
Michael Saylor: Investing in Bitcoin with new iPhone funds could yield cumulative gains of $242 million
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