Mystery Bitcoin burn destroys 107 BTC worth about $8.5M

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Mystery Bitcoin burn destroys 107 BTC worth about $8.5M

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Mystery Bitcoin burn destroys 107 BTC worth about $8.5M

Thu May 28 2026

Cryptocurrency

Finance

cointelegraph.com

An unknown entity burned $8.5 million worth of Bitcoin after 12 years of holding, rendering the BTC unspendable, despite its price increasing by 12,700%.