Michael Saylor emphasizes the potential for substantial returns on Bitcoin investments compared to purchasing new iPhones, with current profits estimated at $242 million.
Michael Saylor, executive chairman of Strategy, highlighted on X that buying Bitcoin with the selling price of each new iPhone could yield profits of $242 million. Analysts view the BTC price of iPhones as a benchmark for assessing Bitcoin's purchasing power, aiding investors in understanding cryptocurrency's value proposition over the years.