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Bitcoin Holder’s $4,500 Stash Turns Into a $51.6M Fortune

News.Bitcoin.com
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Bitcoin Holder’s $4,500 Stash Turns Into a $51.6M Fortune

An old bitcoin wallet created on July 14, 2012, suddenly moved 600 BTC on Tuesday after sitting through nearly 14 years of market chaos. Back then, bitcoin traded near $7.52 per unit, putting 600 coins at roughly $4,512. At Tuesday’s $86,012 price, the same stash is worth $51.6 million. The coins were shifted from an […]

Key Takeaways

  1. An old bitcoin wallet created on July 14, 2012, suddenly moved 600 BTC on Tuesday after sitting through nearly 14 years of market chaos.
  2. Back then, bitcoin traded near $7.52 per unit, putting 600 coins at roughly $4,512.
  3. At Tuesday’s $86,012 price, the same stash is worth $51.6 million.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.