Microsoft shareholders rejected a corporate investment in Bitcoin, reflecting the long-standing opposition of founder Bill Gates. However, since Gates' comment in 2018, Bitcoin's price has risen over 900%, leading to significant profits for investors who went long on the cryptocurrency. Analysts predict that Bitcoin's price could reach $250,000 in 2025, providing further upside potential. If this goal is achieved, those who opposed Gates' stance on Bitcoin could see their $1,000 investment turn into $26,672.36.
- Content Editor ( finbold.com )
- 2024-12-13
How much you’d have if you invested $1,000 in Bitcoin when Bill Gates said he’d short BTC