A Spanish research institution plans to sell 97 BTC purchased in 2012, now worth over $10 million.
Jinse Finance reported that the Spanish public research institution, the Technological and Renewable Energy Institute (ITER), plans to sell its bitcoin holdings, which were purchased in 2012 for $10,000 and are now worth over $10 million. The institute is affiliated with the Tenerife Island Council and originally acquired 97 BTC for blockchain technology research. Juan José Martínez, the Innovation Councillor of Tenerife Island, stated that the council is working with a Spanish financial institution authorized by the Bank of Spain and the National Securities Market Commission, and the transaction is expected to be completed in the coming months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. stocks opened lower and continued to decline, with the Nasdaq falling by 1%.
Data: Stable pre-deposit phase two exceeds $253 million, with over 60 wallets entering incorrect addresses
Spot gold drops $7 in the short term, falling below the $4000 mark
Data: KNC up over 5%, OXT up over 18%
