#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#MELANIA# First there was Bitcoin 480,000 brothers, now there is MELANIA 630,000 brothers!
Will history repeat itself? But does anyone still remember the legend of "Brother 480,000"?
"480,000 Brother" is an ordinary office worker, whose real name is unknown.
On January 28, 2014, he hid it from his family and posted in the Bitcoin forum that he invested all of the 480,000 yuan, which he and his wife had worked hard to save for seven or eight years for a house down payment, into the Bitcoin market, purchasing 100 Bitcoins at a price of about 4,800 yuan at the time, hoping to turn the down payment into full payment and even make some extra money for a car, thus being referred to by forum members as "Brother 480,000."
At that time, influenced by the 2013 Bitcoin bull market, its price once broke through 5000 yuan, and 480,000 Ge believed this was a rare opportunity.
However, just 3 days after he bought Bitcoin, the price began to fall. Although there was a brief rebound, the market environment then deteriorated sharply.
In April 2014, the Mt.Gox exchange in Mentougou ( exploded, and many governments began to regulate Bitcoin. The price of Bitcoin plummeted from around 5000 yuan to about 2000 yuan, with the assets of 480,000 brothers significantly shrinking, and they were also mocked and ridiculed by forum friends. At the same time, his family discovered his investment activities and demanded that he sell his Bitcoin.
In May 2014, the price of Bitcoin briefly rose to around 3600 yuan, but soon fell back to around 2000 yuan.
By June, he posted that the market value of 100 Bitcoins had shrunk to 216,400 yuan, and then he disappeared from the Bitcoin forum.
In early 2015, the price of Bitcoin fell to 900 yuan, and his story once again became a topic of conversation among people, filled with a majority of schadenfreude and sarcasm.
In June 2016, the price of Bitcoin rebounded, breaking through several thresholds. The "480,000 Brother" unexpectedly reappeared in the forum, expressing that he had seen the hope of breaking even.
But who could have predicted that in early 2016, when the price of Bitcoin broke 3000 yuan, he chose to sell his 100 Bitcoins, ultimately losing 180,000 yuan and decisively exiting the market!
In 2017, the Bitcoin bull market reached its peak, with prices once breaking through 140,000 yuan. "Brother 480,000" must have been heartbroken; he completely withdrew from the forum, deleted posts, and canceled his account.
What a lamentable story this is! The protagonist in the story is like the doomed hero Xiang Yu, standing by the Wu River of fate, facing a choice. One wrong step, and everything is lost. By refusing to cross the river, he gives up the possibility of a comeback, leaving behind eternal regrets.
The regret of "480,000 Brother" is equally intense and heavy, making one unable to help but close the book and sigh, lamenting the unpredictability of fate.
On January 30, 2025, Bitcoin surpassed $106,000, which means that if "Brother 480,000" had continuously held those 100 Bitcoins, his net worth would be $10.6 million, equivalent to about 77 million RMB.
And he, one of the most tragic figures in the crypto world, entered with 480,000 and exited with 300,000. The goddess of fortune once favored him so much, yet he lost his way on the road where happiness was already rushing in.