100 BTC Casascius Bar: A Legendary Crypto Profit—and a Forgotten BCH Bonus
In 2011, someone bought a 100 BTC Casascius gold bar for just $500. This year, they finally redeemed the bar by revealing the private key and cashing out the bitcoin, netting a profit of around $10 million—a staggering return on investment. Casascius bars, created by Mike Caldwell, are physical bitcoins that store a private key under a tamper-evident hologram, allowing the holder to access the BTC when peeled.
However, there’s an interesting twist: because the bar’s BTC was held since 2011, the owner was also entitled to 100 Bitcoin Cash (BCH) after the 2017 Bitcoin hard fork. At today’s prices, that’s an additional ~$40,000 in value, which many early holders overlook when redeeming old wallets. Anyone who controlled BTC at the time of the fork automatically owned an equal amount of BCH, accessible with the same private key.
