What would happen to Elon Musk if Bitcoin reaches
This is a question that has directly to do with the accumulated fortune that #elonMUSK has, given that today he is declared by Forbes magazine as the richest man in the world, however, this title could be short-lived. IF Bitcoin exceeds one million dollars. What effects would this hypothetical case have for Musk? Let's explore.
Musk's fortune as of January 1 of this year is $251 billion dollars between all his companies (Tesla, SpaceX and X). With this figure, he has established himself as the richest person in the world, surpassing other important figures such as Bernard Arnault, Jeff Bezos, Mark Zuckerberg, Bill Gates, Warren Buffet, among others. In "image 1" we can see the top 5 of the people with the greatest fortunes in the world, according to Forbes.
Image 1Having said this and making a quick comparison in the #cripto sector, we have that currently the largest holder of Bitcoin in the world is Michael Saylor with 206,882 BTC (between personal holdings and his company Microstrategy). In "image 2" we can see the latest presentation before the #SEC announcing Microstrategy's new Bitcoin acquisitions.
Image 2So in order to surpass Elon Musk's fortune, Bitcoin would have to be worth $1,214,000. With this assumption, Michael Saylor's fortune would be $251 billion, surpassing Musk. In "Image 3" we can see this hypothetical calculation.
Image 3It is worth mentioning that this is a hypothetical scenario, since it does not consider some factors such as the dynamics of the Bitcoin market, Elon Musk's fluctuating assets (nor his possible holdings of Bitcoin and Dogecoin) and Michael Saylor not selling his holdings. The creator of Bitcoin Satoshi Nakamoto, who has one billion BTC among his holdings, is also not being considered.
This is a very practical example and exercise in view of what may come later, given that we are at the beginning of a very promising year for #Bitcoin where anything can happen. We are just closing to know the decision of the United States Securities and Exchange Commission on Bitcoin spot ETFs and Halving in a few months. I'm not saying that Bitcoin will reach $1 million overnight, but I'm sure it will surprise more than one person.
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