Spanish Council Aims to Sell Bitcoin After 1,000x Jump, Could Fuel Quantum Research
The Council of Tenerife, which oversees the Technological and Renewable Energy Institute (ITER) for the Spanish island, is attempting to sell 97 Bitcoin it acquired for €10,000 in 2012, according to a report from Tenerife's local outlet, El Dia.
The Bitcoin, which was purchased as part of a technological experiment to investigate blockchains, has grown in value by about 1,000x and is now valued around $9.8 million.
"It was one of the many investigations carried out by ITER to understand the dif...
The Council of Tenerife, which oversees the Technological and Renewable Energy Institute (ITER) for the Spanish island, is attempting to sell 97 Bitcoin it acquired for €10,000 in 2012, according to a report from Tenerife's local outlet, El Dia.
The Bitcoin, which was purchased as part of a technological experiment to investigate blockchains, has grown in value by about 1,000x and is now valued around $9.8 million.
"It was one of the many investigations carried out by ITER to understand the dif...
1 day ago