London Tech Moguls Go Bitcoin Crazy: You Won’t Believe What They Did Next! 🚀

This latest mining expedition set them back £15,185,259 (that’s $20,610,000 for folks crossing the Atlantic), each bitcoin costing around £77,122 ($103,290). All told, these bookish prospectors now sit on 543.52 bitcoin—a quirky stash that’s cost them a neat £42,388,373 (about $57,500,000). They say the average coin cost them £77,988 each ($104,450), but who’s counting except the accountants and the poor soul keeping spreadsheets in the basement?

This $97K Bitcoin Zone Is So Important, Even Your Goldfish Wants to Know

Imagine, if you will, the Cost Basis Distribution, or CBD for short. (No, it won’t help you relax, though your portfolio might wish for that.) This arcane metric examines where the masses last handed over their hard-earned coin for a slice of Bitcoin pie. Picture a carnival game where you try to guess where people last lost their money; now replace the stuffed animals with graphs, and voilà.