Kristoffer Koch invested in the cryptocurrency when it was just becoming known as part of a research project, and after years of being forgotten, he became a millionaire.
The forgetfulness of this transaction lasted several years. Koch rediscovered his investment in 2013 when bitcoin began to gain notoriety. At that time, the value of his portfolio reached $886,000. This revelation marked a turning point in his financial life.
The university thesis that made Kristoffer Koch a millionaire
Koch's academic research explored encryption on the internet. This study led him to acquire bitcoins as part of his practical experiment. The initial purchase of 5,000 bitcoins represented an academic gamble with unexpected results.
The rediscovery of his investment in 2013 revealed the potential of his purchase. Koch regained access to his cryptocurrency portfolio. The value of his investment exceeded all initial expectations.
Kristoffer Koch's investment that doubled his fortune
The partial sale of his portfolio financed the purchase of an apartment in Oslo. Koch acquired a 78-square-meter property in the Tøyen area. This transaction represented his first tangible profit from the investment.
The residual value of his portfolio continued to appreciate. The remaining 1,000 bitcoins reached significant values. Koch managed his fortune wisely and with a long-term vision. Subsequent sales generated additional income. Koch obtained 10 million dollars for a portion of his portfolio. The remaining value of his bitcoins exceeded 13 million dollars. This fortune allowed him to enjoy a high standard of living.
