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A Casascius physical Bitcoin with 25 BTC was redeemed after 15 years, unlocking $1.78M in cryptocurrency.

Market News
04 Jun 2026, 00:09 WIB
Crypto news
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A Casascius physical Bitcoin with 25 BTC was redeemed after 15 years, unlocking $1.78M in cryptocurrency.

A Casascius physical Bitcoin containing 25 BTC from a 2011 batch was redeemed on June 3, 2026, after nearly 15 years dormant, releasing cryptocurrency now worth about $1.78 million. This redemption highlights Bitcoin's massive price appreciation since 2011, when the 25 BTC was worth less than $100. Casascius coins, created as physical collectibles with embedded private keys, have become valuable both for their Bitcoin content and as historical items. The event also underscores ongoing interest and legal scrutiny around long-dormant Bitcoin wallets, with some early holdings resurfacing as Bitcoin nears record prices.

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