Changpeng Zhao “CZ” is one of the most prominent names in the cryptomarket, the founder of Binance is not only an industry celebrity but a cryptocurrency billionaire as well.
Bitcoin Magazine recently recalled that Zhao sold an apartment in 2014 for 4000 BTC, which today is more than $200 million.
Binance CEO sold apartment for ~4,000 #Bitcoin in 2014. That's over $200 million today ? pic.twitter.com/XNVvSRHzwP
— Bitcoin Magazine (@BitcoinMagazine) November 11, 2021
Binance’s CEO corrected the original post, stating that it was just a small apartment so he got “only” 1,500 bitcoins. He also told that out of those 1500 BTC he spent (not sold) around 100 BTC over time.
Minor correction. It was a small apartment ?, so only got about 1500 #BTC, spent (not sold) about 100 BTC over time.
— CZ ? Binance (@cz_binance) November 11, 2021
If CZ still owns 1400 bitcoins, it is a remarkably excellent number of BTC to hold, a truly impressive amount that should make the apartment buyer regret it.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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