Israel's Finance Ministry has estimated that the ongoing conflict with Iran is costing the country more than 9 billion shekels (approximately $2.93 billion) each week under stringent 'red' emergency restrictions. According to NS3.AI, this financial burden is equivalent to about 41,300 Bitcoin at current market prices. If the restrictions were eased to a 'orange' level, the weekly cost would decrease to around 4.3 billion shekels (about $1.35 billion), or approximately 18,000 BTC.
The article highlights these Bitcoin-equivalent losses to emphasize the economic impact of the conflict, comparing them to post-halving Bitcoin issuance and significant inflows into U.S. spot Bitcoin ETFs.