The owner of two rare Casascius coins released 2,000 idle Bitcoins. These physical collector pieces have now moved the equivalent of $179 million. The owners bought the pioneering digital currency when its price was less than $12. Now they are worth millions.
coin Casascius is a physical collection piece created between 2011 and 2013 Written by Mike Caldwell from the United States. Each key contains a private Bitcoin key hidden beneath a tamper-evident hologram. As long as the seal is intact, the Bitcoin remains static, giving the coin the value of its digital content and its scarcity as an object. When you scrape the hologram, the BTC will appear, they will be transferred, and the part will become a simple empty metal. Therefore, they are known as “Bitcoin in the form of real money.”
Casascius coins spent on December 5, 2025 They each kept 1,000 Bitcoins. This is one of the rarest subspecies. Only six coins of this particular design were minted. Add in the 16 gold bars of the same denomination, and there are only 22 of the approximately 28,000 physical items in the Cassasius collection for 1,000 BTC.
Caldwell stopped selling its products in November 2013 due to Financial Crimes Enforcement Network (FinCEN) rules. The institution deemed the work an unauthorized transfer and put it out of business, turning the existing work into an instant relic of an era that cannot be reproduced because it was created in Bitcoin’s early history.
The dilemma of owning and exchanging these works became clear in June 2025, as reported by CriptoNoticias. That’s when collector John Galt broke the seal on the 100 Bitcoin bar. Gault explained on Reddit that it was extremely difficult to maintain assets worth more than $1 million until he finally sold them, which exceeded $10 million.
His experience illustrates the psychological pressures faced by pioneer hodlers. More than 10,000 coins have been redeemed so far, but about 18,000 remain intact, with a combined holding of hundreds of millions of dollars, according to data from Cassasius Tracker. Please keep it sealed for the owner. It’s a test of endurance. About saving in BTCThis is because exchanges always run the risk of regret if the price of Bitcoin continues to rise.
