Galaxy has completed the sale of 80,000 Bitcoins, valued at over $9 billion
BlockBeats news, July 26, Galaxy Digital Inc. (NASDAQ: GLXY / Toronto Stock Exchange: GLXY), a leader in the global digital assets and data center infrastructure space, today announced that it has successfully completed one of the largest nominal value Bitcoin transactions in cryptocurrency history on behalf of a client.
Galaxy completed the sale of over 80,000 Bitcoins for an early investor from the 'Satoshi era,' with a total value exceeding $9 billion at current market prices. This transaction represents one of the earliest and most significant exits in the digital asset market and is part of the investor's broader legacy planning strategy.
Conservative estimates: $1 million BTC by 2032. Earliest by 2028 if great market conditions persist. Bad market conditions and we will have to wait till 2036. But I doubt we have to wait that long.