Home Bitcoin News Bitcoin donated for the birth of a child four years later brought a profit of 6,600%

Bitcoin donated for the birth of a child four years later brought a profit of 6,600%

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Crypto News

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The cost of the bitcoin given to the born girl by her father has increased 67 times in four years from $915.8 to $60,000. Cointelegraph writes about this story.

The founder of the Brazilian crypto exchange Foxbit, Joao Canada, purchased 1 BTC for his daughter on the day of her birth.

“I bought bitcoin for her, not just as a gift, but as a way to invest in the new economy. At that time, it was estimated at 5,000 Brazilian reais”, he reported.

Four years later, the price of the first cryptocurrency has increased more than 67 times up to the current $62,000.

Recall that in September, a 12-year-old resident of London, Benjamin Ahmed, created 3350 NFT in the style of CryptoPunks and sold them in nine hours. His profit was about $350,000.




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