< 1 minutes Read

The OG That Bought 5,000 BTC for $26

Today, I’ll tell you all about Kristoffer Koch, an engineering student who relatively struck gold in 2009, a step that changed his life a few years later.

In 2009, the Norwegian purchased 5,000 BTC for approximately $27, bitcoin was just $0.003 at the time, and no one gave a damn about it. I wonder where I was at the time, probably in secondary school licking lollipop and running from bullies.

Fast forward to 2013, one bitcoin was already $196, which translates his investment to $980,000.

Did he spend out of his profits, or did he leave his Bitcoin to grow?

It was later revealed that the Norwegian Engineer sold one-fifth of his purchase, 1000BTC, at $196 per BTC, which turned into several thousand Norwegian kroner. After paying taxes, he bought himself an apartment in Oslo’s fashionable Toyen area and a brand new car. Who no like better thing?

Put yourself in his shoes and imagine you discovered you own thousands of BTC. What is the first thing you’ll buy? I would buy a yacht.

Let us know on Twitter and Instagram (story) by using the hashtag #BreetStoryTime

Copy Link

From the blog

The latest industry news, interviews, technologies, and resources.

January 27, 2023
My Crypto Story: Episode Eight #BreetStories

My best friend would say; “The fear of January is the beginning of wise financial decisions.” And anyone would agree. Unless you...

Read More
December 22, 2022
My Crypto Story: Episode Seven #BreetStories

“I-Just-Got-Back people are in town o, hide your babe o!”  We’ve all heard this talk, abi?  Well, wahala for who get...

Read More
November 24, 2022
My Crypto Story: Episode Six #BreetStories

In this life, fear women.  Again, I repeat, fear women. Before you start to think it’s a man saying this...

Read More
November 10, 2022
My Crypto Story: Episode Five #BreetStories

One thing 2022 taught me? It’s “try dey calm down.” Impatient dog don chop the thinnest bone o 😢. It all...

Read More