logo

A Early Bitcoin Investor Unveils Physical Bitcoin Bar After 13 Years, Unlocking 100 Bitcoins and Profiting Over $10 Million

By: theblockbeats.news|2025/07/12 01:36:57

BlockBeats News, July 12th, according to Coindesk's report, as Bitcoin has recently hit new highs, early Bitcoin investor and BitcoinTalk forum user "JohnGalt" successfully redeemed his 13-year-old Casascius physical Bitcoin bar, extracting the 100 Bitcoin private keys stored inside, and earning approximately 10 million US dollars in profit.


JohnGalt stated that he initially spent $500 to purchase this bar in 2012, when Bitcoin was only about $5 per coin, with almost no one interested. In his post, he admitted that over the years he had tried to sell the bar many times, even considering auctioning it off, but the process was often hindered by pricing disputes and trust issues, making it impossible to complete a transaction smoothly. Now, as Bitcoin has surpassed $100,000, JohnGalt felt that continuing to hold onto a physical asset worth "eight figures in USD" was too risky, prompting him to finally extract these 100 bitcoins.


It is worth noting that since BCH uses the same private key mechanism as Bitcoin, astute Internet users swiftly claimed $40,000 worth of BCH by extracting it using the private key visible in the photo before JohnGalt could secure it, all within a quick 9-minute process.

Bitcoin y las altcoins en una encrucijada: ¿nuevos máximos o corrección entrante?
WEEX causa sensación en BlockchainRIO 2025

También te puede interesar

Compartir
copy

Ganadores

Últimas noticias sobre criptomonedas

16:02

MegaETH raises USDm Limit to $1 Billion

16:00

CBB Evaluates MegaETH Limit Expansion: "Zero Out This Junk"

15:57

MegaETH credit expansion operation failed, indicating that chud.eth may have front-run the credit increase. The total credit limit has been adjusted to 500 million USD.

15:55

The 500 million USDM deposit limit on MegaETH has been fully depleted

15:53

US Consumer Confidence Sees Largest Drop Since April

Leer más
Comunitario
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y MM[email protected]

Programa VIP[email protected]