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The owner of Casasasius Bar Hodling 100 BTC describes for 13 years star-news.press/wp

A user of the encryption that was carrying a physical bitcoin for approximately 13 years has spoken to CointeleGraph about what led to his decision to move the coins to a wallet.

On May 13, Bitcointalk user is running by “John Galt” pseudonym He said They moved 100 Bitcoin (BTC) from the Casasasius material to the hardware wallet. Casascius bars and coins are material representations of different quantities of bitcoin, with special keys to reach them associated with the film on the same things.

Jal said that he bought the bar in 2012 when the BTC price was less than $ 100.

“At that time, I thought that Casascius coins were great and perhaps the future,” said Cointelegraph. “I thought if Bitcoin was ever, these coins would be part of history, so I started assembly.”

100 BTC Casascius Bar. source: Bitcointalk

More than 10 million dollars in physical bitcoin

On May 13, the price of Bitcoin was about $ 104,000, making the GALT bar more than $ 10 million. Although he told Cointelegraph that he had thought about selling it before 2025, it was difficult to find legal buyers of such a valuable commodity.

She said: “Its recovery was felt as if to destroy a piece of history, such as the melting of some ancient gold necklace or something of this.” “I would have sold it completely with the poster and everything is still intact. But the value rose more.”

Although the money was replaced and accessible more easily through the hardware wallet, Galt said it has no immediate plans to go out. Before using special keys, report that the tape is kept in a cellar outside his home.

“Owning 100 BTC is to change life for anyone. But the thing is that I got it so long that this was more about staying in safety suddenly than rich.”

Related to: The father and son team says they have regained $ 6 million in Crypto Lost Crypto

There are a limited number of unrestricted Casascius bars and operations that are still in circulation, ranging from 0.5 BTC and 1 BTC in copper or silver to 100 gold -plated bars. The physical bitcoin contains a special key that can be detected by canceling the process of lack of a three -dimensional image of tampering.

According to Casasius Tracker Uberbills, there, there He was More than 17,000 coins and bar were active and have not yet recovered. This included a 1000 BTC belt with a value of more than $ 100 million, one tape of 500 BTC with a value of $ 50 million, and 35 100 BTC.

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https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2025-07/0197e55a-9aa3-7f9a-8680-8adf138f88a1

2025-07-07 21:16:00

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