Early BTC buyer cashes out $10M from 2012 gold bar

Early BTC buyer cashes out $10M from 2012 gold bar

Bitcointalk user JohnGalt bought a Casascius gold Bitcoin bar in 2012 for $500, containing 100 BTC.

On May 13, 2025, he finally peeled it and moved the coins — now worth over $10 million.

“Holding something that valuable was stressful. I didn’t want to spend it, but at $10M, I knew I couldn’t sit on it forever.”

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