An online auction for a “Buy Bitcoin” sign, famously displayed by Christian Langalis, garners attention with bids reaching $140,000, signaling heightened investor interest, as reported by Bloomberg.
- “Buy Bitcoin” sign in online auction reaches bids up to $140,000.
- Langalis previously sold replica editions for 0.8 Bitcoin each.
- He aims to capitalize on Bitcoin’s surge amid ETF launches by investment firms.
- Langalis gained attention in 2019 for displaying the sign during a Congressional testimony.
An online auction for the iconic “Buy Bitcoin” sign, once wielded by Christian Langalis, has stirred investor fervor, with bids skyrocketing to $140,000, a substantial increase from its initial valuation. Langalis, aged 22, previously distributed 21 replica editions of the sign, each fetching an average of 0.8 Bitcoin.
Langalis appears to leverage the momentum spurred by investment giants like BlackRock and Fidelity Investments, who ventured into the Bitcoin market with spot Bitcoin ETFs. Amid Bitcoin’s surge to a new All-Time-High (ATH) surpassing $73,000, Langalis aims to seize a portion of the bullish sentiment. Although Bitcoin currently trades at $66,509.23, marking a 3.19% increase, it falls short of its March peak.