A prominent Spanish research institution is set to liquidate a substantial Bitcoin portfolio acquired over a decade ago, with proceeds designated to advance quantum computing research initiatives. The organization originally purchased 97 BTC in 2012 for approximately $10,000 during blockchain technology investigations. Following thirteen years of market appreciation, the cryptocurrency holdings have reached a valuation exceeding $10 million. The decision to divest reflects strategic reallocation of research funding toward emerging technological frontiers. Institutional representatives confirmed the transaction will directly support quantum computing development programs, marking a significant transition from distributed ledger technology studies to next-generation computational systems. This disposition represents one of the longest-held institutional Bitcoin positions to be monetized for scientific advancement, demonstrating how early blockchain research investments can yield substantial returns for subsequent technological innovation. The transaction timeline and execution methodology remain undisclosed, though market analysts note the sale’s potential implications for institutional cryptocurrency management strategies.
Spanish Research Institute Liquidates $10M Bitcoin Holdings from 2012 Purchase for Quantum Computing Studies
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