$27 bitcoin stash used to buy house

Not everyone goes through the usual paths to achieve finance.

A Norwegian man who invested $26.60, or 150 kroner, in bitcoins four years ago, recently found that the growth of the investment had soared to $866,000 in worth.

Kristoffer Koch bought 5,000 bitcoins in 2009 after finding them while writing a thesis on encryption, reported NRK.

However, like most of those in the digital world, after four years he could not remember the password and spent an ensuing day trying to gain access.

When he did, over $850,000 (1.1 million kroner) was waiting for him.

After 28% in taxes, he had enough for a deposit and for restoration funds for a unit in Oslo. It was worth 2.6 million kroner and is one of the world's most expensive cities.

A true set and forget investment for Koch.

Jennifer Duke

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

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