RootData 2025 Top 50 VCs & Top 100 Projects Unveiled! [View Details]
API Download the RootData App

Coinbase CEO: On this day 16 years ago, Bitcoin was first valued in USD, with 1,309 BTC costing only 1 dollar

Oct 05, 2025 22:51:43

Share to

ChainCatcher news, Coinbase CEO Brian Armstrong posted on the X platform that 16 years ago today, you could buy 1,309 bitcoins for just $1. He pointed out that this was the first valuation of Bitcoin in dollars, calculated based on the electricity costs of mining Bitcoin at that time.

Recent Fundraising

More
-- Sep 23
-- Sep 20
-- Aug 06

New Tokens

More
Sep 05
Sep 04
Sep 03

Latest Updates on 𝕏

More