Coinbase CEO: On this day 16 years ago, Bitcoin was first valued in USD, with 1,309 BTC costing only 1 dollar
Oct 05, 2025 22:51:43
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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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