Coinbase CEO: On this day 16 years ago, Bitcoin was first valued in USD, with 1,309 BTC costing only 1 dollar

2025-10-05 22:51:43

ChainCatcher news, Coinbase CEO Brian Armstrong posted on the X platform that 16 years ago today, you could buy 1,309 bitcoins for just $1. He pointed out that this was the first valuation of Bitcoin in dollars, calculated based on the electricity costs of mining Bitcoin at that time.

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