Casascius Bar Owner Describes Hodling 100 BTC For 13 Years
A crypto user known as 'John Galt' recently shared his experience of holding a physical 100-BTC Casascius bar for 13 years. He purchased the bar in 2012 when Bitcoin was valued under $100, believing that the coins might represent an important piece of history if Bitcoin gained popularity. On May 13, 2025, he moved the coins from the physical bar to a hardware wallet, valuing the bar at over $10 million due to Bitcoin's price of approximately $104,000 at that time. Galt expressed that redeeming the coins felt like destroying a historical artifact, and he had difficulty finding legitimate buyers for the collectible. Despite redeeming the funds, he has no immediate plans to cash out and prioritized safety over financial gain, having kept the bar secured in a vault for years. Galt highlighted the rarity of unredeemed Casascius bars, with many still in circulation, including large denominations worth millions.
Source 🔗