“Buy Bitcoin” Sign Linked to Treasury Shares is Up for Auction
According to Bloomberg, the banner reading “Buy Bitcoin” carried by Christian Langalis a few years ago is receiving bids at an online auction.
Langalis Wants More Monetary Gains for Heroic Effort
The product has so far received bids of up to $140,000 from interested investors; this is a significant increase from the previous value Langalis placed on it. The auction is still ongoing and interested bidders have until Wednesday to submit their bids.
Remarkably, this is not the first time he has been offered money for the ‘scribbled’ article. He even sold approximately 21 copies of the sign for an average of 0.8 Bitcoin.
It looks like the 22-year-old is trying to capitalize on the attention that investment asset management companies are enjoying Black Rock And Loyalty Investments We brought it to the Bitcoin ecosystem with Launch of spot Bitcoin ETFs.
Quite literally, he may be looking to get a piece of the momentum that has pushed the price of Bitcoin above its all-time high of $73,000. At the time of writing this article, Bitcoin was trading at $66,509.23. While the leading cryptocurrency by market cap is showing a price increase of approximately 3.19%, current sentiment is a far cry from the levels BTC reached in March.
“Buy Bitcoin” Sign and Its Meanings
In congressional testimony before the House Financial Services Committee nearly seven years ago, Langalis had the chance to sit behind the Treasury Secretary. Janet Yellen Who was the Chairman of the Federal Reserve at the time?
Yellen was seen showing her legal pad behind her as she gave a speech. This singular action by the young man was perceived by many as a rallying call to Bitcoin supporters.
As soon as the alleged ad was caught on camera, Langalis was escorted out of the building. Shortly after this, he received approximately seven Bitcoins from donations he did not request; this was a valid show of solidarity from the crypto community at the time.
The incident, which occurred in 2019, was recorded when Bitcoin was trading at just $2,300, and the cryptocurrency has seen better days since then. While there is no indication that he still holds the 7 BTC gifted to him, the asset would be worth over $465,563 at today’s prices.
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Benjamin Godfrey is a blockchain enthusiast and journalist who enjoys writing about real-life applications of blockchain technology and innovations to ensure mainstream acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain-based media and sites. Benjamin Godfrey is a lover of sports and agriculture. follow him excitementLinkedIn
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