Spanish Research Institute to Sell 97 Bitcoin Bought for $10K in 2012

Spanish Research Institute to Sell 97 Bitcoin Bought for K in 2012

The Institute of Technology and Renewable Energies (ITER), a public research body under the Tenerife Island Council, is preparing to sell its decade-old Bitcoin holdings, according to Spanish outlet El Día. ITER reportedly acquired 97 Bitcoin in 2012 for roughly $10,000 as part of a blockchain research project.

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