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6,522 ‘Sleeping Bitcoins’ Worth $107 Million Wake Up After 5 Years of Inactivity

6,522 ‘Sleeping Bitcoins’ Worth 7 Million Wake Up After 5 Years of InactivityOn Nov. 16, 2022, at Bitcoin block height 763,474, someone transferred 6,522 bitcoin worth roughly $107 million after the coins sat idle for more than five years. While bitcoin’s value is 75% lower than it was a year ago, so-called sleeping bitcoins have been waking up amid the recent crypto market capitulation. While Bitcoin’s Price […]

Michael Saylor to Present Bitcoin Investment Proposal to Microsoft Board Amid Shareholder Vote

3,500 ‘Sleeping Bitcoins’ From 2011 Worth Over $60 Million Wake up After 11 Years of Slumber

3,500 ‘Sleeping Bitcoins’ From 2011 Worth Over  Million Wake up After 11 Years of SlumberOn Nov. 11, amid the confusion concerning troubled crypto companies like FTX and Blockfi, 3,500 ‘sleeping bitcoins’ from a wallet created on Oct. 7, 2011, moved for the first time in over 11 years. $60 Million Worth of 11-Year-Old Bitcoins Move Amid the Crypto Market Rout A large string of so-called ‘sleeping bitcoins’ moved on […]

Michael Saylor to Present Bitcoin Investment Proposal to Microsoft Board Amid Shareholder Vote