Express

Coinbase CEO: Bitcoin Valued in USD for the First Time 16 Years Ago, 1,309 BTC Only Cost $1

Summary: In a tweet, Coinbase CEO Brian Armstrong stated on X platform that 16 years ago, one could purchase 1,309 bitcoins for just $1, marking the first valuation of bitcoin in USD, calculated based on the electricity cost of mining bitcoin at that time.

In a tweet, Coinbase CEO Brian Armstrong stated on X platform that 16 years ago, one could purchase 1,309 bitcoins for just $1, marking the first valuation of bitcoin in USD, calculated based on the electricity cost of mining bitcoin at that time.

Last Update:

Tags:
Link: Coinbase CEO: Bitcoin Valued in USD for the First Time 16 Years Ago, 1,309 BTC Only Cost $1 [Copy]

Last: Democratic Senator: Government Shutdown Stalemate Shows No Progress

Next: New Address Withdraws 250 Bitcoins Worth $30.8 Million from Binance

The Road to 2026: Where Is the Web3 Ecosystem Heading Next? 22 days ago

Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... November 22, 2025

BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program November 17, 2025

Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025

CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025