TL;DR
- The iconic “Buy Bitcoin” sign, held behind Janet Yellen, sold at auction for more than $1 million.
- The funds raised will go towards the development of the Bitcoin layer-2 startup called Tirrel Corp.
- The buyer, known as Squirrekkywrath, purchased the sign for 16 BTC at an auction held at BTC-themed bar PubKey in New York.
The iconic “Buy Bitcoin” sign, held behind Janet Yellen, sold at auction for more than $1 million in Bitcoin.
The funds raised will go towards the development of the BTC layer-2 startup called Tirrel Corp.
Congratulations to Justin, A.K.A. Squirrekkywrath, winner of the #BitcoinSignGuy auction for 16 #BTC. 🏆@tpacchia Get this man a Whale! 🐳 pic.twitter.com/DPpczcEzkJ
— PUBKEY (@PubKey_NYC) April 24, 2024
The buyer, known as Squirrekkywrath, acquired the sign for 16 BTC at an auction held at Bitcoin-themed bar PubKey in New York.
The iconic “Buy Bitcoin” sign that was held up behind Janet Yellen during her televised congressional testimony in July 2017 has been auctioned for 16 BTC, equivalent to just over $1 million.
This event, organized by Scarce.City, marked a significant milestone both in the world of cryptocurrencies and in the financing of startups within this space.
The buyer of the sign, identified as Squirrekkywrath, joins the select group of “bitcoin OGs” thanks to this acquisition.
Although his identity remains secret, his participation in this historic auction highlights the importance and growth of the cryptocurrency market.
The fact that the auction was held at PubKey, a Bitcoin-themed bar in New York, adds a touch of authenticity and relevance to the event.
The funds from the auction will go to the development of Tirrel Corp, a startup for the creation of a Bitcoin Lightning wallet
This initiative demonstrates how seemingly simple events, such as holding a sign during a legislative hearing, can catalyze significant funding and innovation opportunities in the blockchain ecosystem.
The protagonist behind the sign, Christian Langalis, managed to capture global attention during his brief moment behind Yellen in 2017.
His vision of using the funds to promote revolutionary projects in the world of cryptocurrencies reflects the entrepreneurial and disruptive mentality that constantly drives this sector.
The sale of the “Buy Bitcoin” sign not only represents a significant financial milestone, but also symbolizes the growing importance and maturity of the cryptocurrency ecosystem, where bold ideas can be transformed into innovative projects with a lasting impact on the global technology and financial industry.
