Bitcoin collectors purchased rare Casascius gold bars for $500, now profiting over $10 million.

According to ChainCatcher news and Cryptoslate reports, a collector who goes by the name John Galt on the Bitcoin Talk forum has recently successfully redeemed a solid gold Casascius physical Bitcoin bar purchased in 2012, extracting 100 BTC from it, currently valued at over 10 million dollars. It is reported that the purchase price of the bar back then was only 500 dollars, resulting in a Return on Investment of approximately 2,000,000%. Casascius physical Bitcoins were issued by Mike Caldwell in 2011, embedded with real Bitcoin private keys, and ceased production in 2013 due to regulatory pressure, now becoming rare collectibles in crypto history. According to casasciustracker.com data, over 10,000 Casascius coins have been redeemed, with more than 18,000 coins still unutilized.

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