Student invested in Bitcoin while writing his college thesis and discovers fortune years later; understand

Engineer Kristoffer Koch decided to invest $27 when the cryptocurrency was still unknown

With Bitcoin in the spotlight, the cryptocurrency industry is experiencing one of its best moments. The arrival of new users and the expectations surrounding the first measures of American President Donald Trump in favor of the sector not only fuel excitement and optimism on social media but also revive iconic cases that shaped the crypto community worldwide. One of these stories is that of Kristoffer Koch, an engineer from Norway.

In 2009, Koch was working on his thesis about cryptography. It was then that he discovered Bitcoin, a digital asset with little popularity and value. Out of curiosity, he decided to invest about 150 Norwegian kroner ($27) in 5,000 bitcoins. Over time, Koch lost interest and forgot about the purchase.

But Bitcoin caught his attention again in 2013 when the value of the cryptocurrency skyrocketed and made headlines in major media outlets around the world. When checking his digital wallet — something that took several attempts because he had forgotten his password — he had a surprising surprise: his 5,000 bitcoins had reached a value of $885,000 (R$ 4.9 million).

Without hesitation, Koch used a good portion of his fortune to improve his quality of life and buy a luxury apartment in Oslo, among other investments — he kept several bitcoins, which are now worth about $100,000 (R$ 567,000). The crypto community recognizes and celebrates this case as an example of the unpredictable power of cryptocurrencies.$BTC #BTC