$26 Worth of Forgotten Bitcoin Now Worth $886,000

Man Buys $26.60 Worth of Bitcoin, Forgets About Them, And Now Discovers They’re Worth $886,000

Imagine this: you’re doing research to write a thesis on encryption. During the course of your research you come across a novel new digital currency. So you spend less than $30 to buy some.

Then you forget you ever made the purchase.

Fast forward 4 years, and that meager investment is now worth more than three quarters of a million dollars.

For one man, that’s exactly what happened.

The Guardian reported that “Kristoffer Koch invested 150 kroner ($26.60) in 5,000 bitcoins in 2009, after discovering them during the course of writing a thesis on encryption. He promptly forgot about them until widespread media coverage of the anonymous, decentralised, peer-to-peer digital currency in April 2013 jogged his memory.”

You can read the rest of this amazing Bitcoin story here>>


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