Max Keiser, a name synonymous with Bitcoin enthusiasm and early advocacy within the crypto community, recently reminded everyone about his astronomical returns from the cryptocurrency.
Joining a conversation on X (formerly Twitter) about initial Bitcoin investments and their growth, Keiser proudly declared that his profit since purchasing Bitcoin in 2011 is a staggering 6,800,000%. He shared a post stating, “I started buying Bitcoin in 2011 at $1. My ROI is 6,800,000%”.
Keiser, who also serves as the senior Bitcoin advisor to El Salvador’s President Nayib Bukele, has never publicly disclosed the exact amount of Bitcoin he owns. However, his early investments have been documented, demonstrating his unwavering belief in the cryptocurrency’s potential.
Keiser was among the first mainstream journalists to cover Bitcoin when it was priced at a mere $0.30. Back in 2011, he boldly declared Bitcoin “a threat to global governments” and proclaimed it “the biggest story of the decade.”
This passionate stance has only intensified over time. A quick glance at Keiser’s posts on X reveals his unwavering support for Bitcoin, often elevating it to almost godlike status.
While the exact amount Keiser invested in Bitcoin remains unknown, if we assume a figure of $1,000, purchasing at $1 per Bitcoin, he would have owned 1,000 BTC. If he held onto those coins until today, his stockpile would be worth over $67 million.
Bitcoin’s phenomenal performance in recent years has solidified its position as a top-performing asset. Over the past year, Bitcoin has surged nearly 100%, outperforming gold (37%) and the S&P 500 (40%). Looking at a longer timeframe, the gap widens even further. Bitcoin has skyrocketed 19,500% in the last 10 years, compared to gold’s 122% gain and the S&P 500’s 193% jump.
Keiser’s story serves as a powerful reminder of the potential rewards of early adoption and long-term faith in Bitcoin, a cryptocurrency that continues to challenge traditional financial systems and capture global attention.