A crypto analyst was quick to point out that MicroStrategy would have made significant gains if it had invested in Ethereum rather than the apex cryptocurrency Bitcoin. This comes days after the firm's third-quarter fiscal report was released. What Happened: The Blockchain Center has posted a comparison chart for MicroStrategy’s crypto investments. It has compared MicroStrategy’s Bitcoin purchases with what would have happened if they had purchased Ethereum instead. The company currently holds 130,000 BTC and is the largest corporate holder of the asset. That purchase, which cost $250 million in August 2020, is now worth $2.63 billion. According to the comparison webpage, MicroStrategy would have gained $1.47 billion if it had chosen Ethereum instead. Follow @benzinga It should be noted that MicroStrategy posted a loss of $727,000 on its Bitcoin holdings in the third quarter, according to its latest earnings report. Why It Matters: If MicroStrategy had bought ETH at the same time...