Investor makes nearly $30M from Bitcoin bought in 2013
The savvy Bitcoin investor made a 496-fold return on his initial $60,000 investment in 2013.
A savvy Bitcoin holder has bagged nearly $30 million of profit after patiently holding their BTC holdings for over a decade, highlighting the long-term investment potential of the digital asset.
The unknown investor sold 300 Bitcoin (BTC) for $29.8 million on Sunday after holding the coins for more than 11 years, according to Whale Alert.
The investor reportedly purchased the coins for about $60,000 in 2013, meaning they made more than $29 million in profit.
