The Winklevoss brothers bought 1% of the world's cryptocurrency supply in 2013 for $11 million. Today, the price of Bitcoin has increased almost a hundredfold.
The Winklevosses deliberately do not sell off cryptocurrency, explaining that their investment will be long-term. They considered and still consider Bitcoin to be “an improved version of gold.”
American businessmen and rowing athletes, the Winklevoss brothers are well known because of their legal battle with Facebook founder Mark Zuckerberg. They accused him of stealing the concept of a social network from them. The media claim that the parties reached a settlement agreement and Mark Zuckerberg paid them $65 million.
According to http://www.telegraph.co.uk
You May Also Like
Iranian students suffering from sanctions pay tuition in bitcoins
Stranded Iranian students in the United Kingdom are using Bitcoin as a tool to circumvent economic sanctions imposed on their country, according to a Guardian report. Parsa Sadat, a law student at the University of Reading, is one of scores of Iranian students unable to pay tuition fees after US President Donald Trump imposed sanctions on Iran last month.
Overstock will sell Bitcoin through Bitsy Wallet on its website
Retailer Overstock.com expects to begin selling bitcoin through its website in the first half of 2019. This function will be provided by its subsidiary blockchain company Medici Ventures through the Bitsy cryptocurrency wallet.
