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Home Market Research Cryptocurrency

Iran-Israel war wiped out over 240,000 Bitcoin in weapons costs

by TheAdviserMagazine
8 months ago
in Cryptocurrency
Reading Time: 1 min read
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Iran-Israel war wiped out over 240,000 Bitcoin in weapons costs
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The Iran-Israel conflict reportedly cost the two nations roughly $25.5 billion, worth over 240,837 BTC at current prices, according to a report by Opportunity Cost, a digital tool that translates global spending into Bitcoin and Satoshi equivalents.

According to the platform, Israel fired Arrow interceptor missiles, each costing around $3 million or 28.3 BTC, to counter Iranian missiles priced at about $2 million or 18.9 BTC each. This exchange repeated every night for nearly two weeks, during which time Israel launched 50 to 100 of these high-tech interceptors.

On the other hand, Iran’s approach focused on volume, deploying over 400 ballistic missiles and more than 1,000 drones. The cost of its offensive weaponry alone amounted to approximately 7,554 BTC.

Meanwhile, Israel spent at least 2,124 BTC on Arrow interceptors, which is just one component of its broader missile defense strategy.

The US also took part in the conflict through an airstrike campaign called “Midnight Hammer.” The mission involved deploying seven stealth bombers that dropped bunker-busting munitions, each strike estimated at 30.2 BTC or $3.2 million. That single night added roughly 9,400 BTC to the overall cost of the standoff.

By the end of the conflict, the three nations had spent resources equivalent in value to roughly 1% of Bitcoin’s total supply, 240,837 BTC.



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