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Sunday, 27 July 2025
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Rare $10 Million Casascius BTC Bar Cracked After 13 Years!

A bitcoin holder has finally redeemed a rare Casseskius gold bar of over $ 10 million from 2012, only to lose its share within minutes! What has happened here, and what does it mean for BTC holders today.

In a story that perfectly captures the secret, risk and reward of Crypto, for a long time Bitcoin Holder has brought back a famous piece of blockchain history back into life.

After keeping the Cassius Physical Bitcoin bar untouched for more than a decade, the owner peeled the tamper-tampering hologram in this July, revealing a private key, which unlocked 100 BTC, which is now more than $ 10 million.

$ 10 million residue revival

Originally purchased in 2012 at around $ 500, the gold-plated bar was not just a novelty. It was one of the most rare pieces Bitcoin history still intact. The decision to capitalize on it was far from simple. Anonymous owner known as John Galt, told coinalagraph:

Releasing it felt as if destroying a piece of history, such as some ancient gold necklaces or melting something else.

Despite the emotional hesitation, practicality won the day: the bar was taken to a hardware wallet on 13 May, a symbolic change for modern security from the indifferent treasures.

What are Casascius Bar? Why do they matter?

For those adopting new crypto, the idea of physical bitcoin may seem like a contradiction. But in the early 2010s, the Casseskius bar and coins (mining by Mike Caldwell) were tangible symbols of the then beautiful movement. These items had private keys embedded under a tampering-tamper-hole hologram, allowing users to store BTC offline in the real-world format.

In 2013, the US Financial Crime Enforcement Network (FINCEN) prohibited further production, classified the operation as a money transmission service without a license. That step suddenly ended a chapter in the history of bitcoin and immediately converted the existing Cassaskius bar into the collector’s item.

Today, only 35 unplanned 100-BTC times exist. Uncontrolled Casscycus items ranging from 0.5 BTC brass coins to some ultra-rare 1,000-BTC bar, which cost more than $ 100 million. According to the Casascius tracker Uberbills, more than 17,000 unpublished items are still floating worldwide, potentially with billions in untrue value.

Casseskius BTC piles of coins.

The mistake that costs more than $ 50k

The excitement around the $ 10 million redports quickly took a sharp turn when Galt posted a details of his process, including the priceless mini-key phrase on a public platform. That mistake not only exposed his BTC address, but also reach all the concerned forced coins. Bitcoin cash (BCH) and BSV.

Within a few minutes, opportunists had already shed 100 BCH (more than $ 50,000) and additional coins. A user known by “Nexusrushrush” admitted to grab and later returned BCH to the same address. By that time, however, the wallet had already been compromised, and remained to grab the remaining coins for “takers”!

This mistake acts as a painful reminder: even experienced crypto holders can fall prey to simple misunderstandings. In the world of decentralized finance, public key protection is everything.

Cold Storage: The Power of Patience

Despite the partial disadvantage, this saga emphasizes a significant truth: cold storage can be a powerful long -term strategy – if handed over safely. Galt put her bar in A storage Vault outside your house for more than 13 years, never sell or trade it, and never panic while turning up and down. Galt explained:

Having 100 BTC is a life-changing for anyone. But the thing is that, I have taken it for so long that it was more about being safe from being rich.

Their incredible story adds weight to the argument that bitcoin is not just a speculative property; It is a long -term investment capable of weathering every bull and bear cycle. The price of BTC has come down to $ 100 in 2012, at an all -time high of $ 122,838 in July 2025.

If the thorn coins were protected, the total profit would have been even greater.

BTC cold storage

Text in Safety (and Time)

Here is the disadvantage of unfortunate side story forced coins, which has provoked a new wave of interaction in Crypto Circle about the best practices in private key handling. One thing is clear: It is a risky business to reveal the seed phrase or any part of the private key on a public platform.

Can legal action be lost BCH? Probably, but only if the recipient is detected and a regulated exchange is used. Perhaps Blockchain Forensic (aka Crypto Nard) can also be leveraged? Unexpected.

Secure approach? Learn from the attractive journey of the Galt and the subsequent mistake: while infection with cold storage to digital Crypto walletbe careful! And keep these four reliable measures:

  • Use a safe environment
  • Avoid public disclosure
  • Consult experts if possible
  • Thinking!

Truth? Once the safety of a wallet is compromised, trust (and possibly, money) has gone.

Bitcoin as a long -term “game”

This redemption story outlines the capacity of bitcoin as a long -term store of value. It also highlights that early adopters who firm through chaos, instability, and regulator uncertainty have received large -scale awards.

The Casascius bar was not designed to make headlines in 2025, but their existence proves that the patient and informed investment in bitcoin can be paid in ways that most people have never imagined in 2012.

And while it is unlikely that you will remove a 100-BTC bar in your attic, the widespread lesson is: bitcoin is still maturing, and long-term holders continue the most profit.

BTC growth over time

Want to put your BTC to work? Try bitcoin casino

With all this talking about the value of bitcoin, a question gender: What is next for bitcoin? If you are not cashing, how are you using your BTC?

Why not consider the growing trend of not Bitcoin casinoThese online gaming platforms allow you to bet, win and withdraw in BTC and other cryptocurrency. Our recommended sites offer everything from classic slots to live dealers to crash games and crypto-exclusive Bonus and promotionTransactions are sharp, inexpensive and unnamed – three major plus.

Whether you are for entertainment or for the thrill of crypto-based waging, offer a fun, flexible way to detect your bitcoin options beyond choosing BTC Casino Hodl.

Last Idea: Crypto caution is important

John Galt’s $ 10 million redemption is more than just a great story; It is a living case study in the importance of botcoin flexibility, value and importance of cold storage. Crypto caution,

NFTS, Memcoins, and AI – In an era of publicity, it is good to remind where Crypto came from – and where it can move forward. One thing is sure: Patience still pays.

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