eToro CEO: We Bought Bitcoin at $5 and Made a $50m Profit

eToro CEO Reveals $5 Bitcoin Buy and $50M Exit - Invest In Crypto News

eToro’s Yoni Assia Joins Squawk Box to unpack the firm’s Nasdaq IPO, $50M Bitcoin bet, and fintech future. With 130+ crypto assets and a $5.5B valuation, eToro eyes Gen Z’s $140T wealth shift, leaving behind rivals like Robinhood. Imagine this: buying Bitcoin at $5 and flipping it for a $50 million profit. That’s the daring move eToro, led by CEO Yoni Assia, pulled off in the early 2010s, well before crypto fever grabbed the world.  In a recent …

eToro CEO Reveals $5 Bitcoin Buy and $50M Exit - Here's the Wild Story

The post eToro CEO Reveals $5 Bitcoin Buy and $50M Exit – Here’s the Wild Story appeared first on Coinpedia Fintech News eToro’s Yoni Assia Joins Squawk Box to unpack the firm’s Nasdaq IPO, $50M Bitcoin bet, and fintech future. With 130+ crypto assets and a $5.5B valuation, eToro eyes Gen Z’s $140T wealth shift, leaving behind rivals like Robinhood. Imagine this: buying Bitcoin at $5 and flipping it for a $50 million profit. That’s the daring mo…

eToro’s $5 Bitcoin Buy Turned Into $50M

eToro bought BTC at $5, sold at $50K, profited $50M The board pulled the plug — “It’s not our business.” Crypto still makes up 25% of their revenue today You ever look back and think, “Damn, that was the move”? That’s eToro right now. In a recent CNBC interview, eToro CEO Yoni Assia dropped a bomb: they bought Bitcoin at $5 back in the early 2010s. Not on a whim — for the company’s treasury. That little experiment? It turned into $50 million whe…

eToro kept Bitcoin in its treasury years ago, when the cryptocurrency was traded for as little as $5. The CEO reveals billionary profit with Bitcoin bet, but says he sold it. *** EToro CEO reveals that he bought Bitcoin for the company when it cost USD $5. The cash investment in Bitcoin for USD $500,000 became USD $50 million. The company finally sold its holdings in Bitcoin and CEO follows Buffet’s advice. Despite his enthusiasm, he says that c…

eToro CEO: We bought Bitcoin at $5 and made a $50m profit

eToro CEO Yoni Assia revealed that the company bought Bitcoin at $5 and eventually sold it for a $50 million profit, marking one of the earliest known institutional crypto bets. Speaking to CNBC following eToro’s Nasdaq debut, Assia shared that…