If you invested $1 in bitcoin in 2012, that’s how much you would…

If you invested $1 in bitcoin in 2012, that’s how much you would…

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Bitcoin BTC/USD is trading between $27,000 and $28,000 today (April 25), showing an impressive increase in value since its launch in 2009. For those who caught the bitcoin wave early, the returns have been nothing short of astronomical.

In this article, Benzinga takes a walk down memory lane to examine how much you would have now if you had invested $1 in Bitcoin in 2012.

In 2012, Bitcoin was still in its infancy, having been launched just three years earlier by a mysterious and yet unidentified company Satoshi Nakamoto.

At the time, digital currency was relatively unknown and viewed by many as an obscure experiment. Despite its shaky beginnings, Bitcoin’s value has grown exponentially over the past decade, delivering massive returns for investors who invested proactively early on.

See also: Binance Pulls Out of Deal to Acquire Voyager Digital Assets, Here’s What’s Next

How much is $1 bitcoin worth in 2012 in 2023?: To determine the value of a $1 investment Bitcoin in 2012 we use an average price for that year.

In 2012, the price of a single bitcoin fluctuated between $4.72 and $13.51, with an average price of $8.90. Thus, a $1 investment in Bitcoin would have bought roughly 0.1124 BTC.

Fast forward to 2023 with Bitcoin trading most consistently around $27,700 and that initial 0.1124 BTC today investment would now be worth $3,113.98. T

This equates to a return on investment (ROI) of over 311,000% in just 11 years.
To put this in perspective, the S&P 500, a popular benchmark for overall U.S. stock market performance, has produced a compound annual return of about 10% over the past century. Compared to Bitcoin’s returns, traditional investments seem almost odd.

What if a person invests more? Extrapolating the returns from our initial $1 investment example gives the results for $100 investment and a $1,000 investment in Bitcoin in 2012 are equally stunning.

With an average investment of $100…

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