This Couple Bought Bitcoin in 2013, Donated all their Earnings to a Cancer Hospital

Nishanth Shetty

Nishanth Shetty

December 13, 2017 12:47 pm

This Couple Bought Bitcoin in 2013, Donated all their Earnings to a Cancer Hospital | Coindelite News
5504 Total Views

Bitcoin News

Halle Tecco and Jeff Hammerbacher have a technique of capturing the early technology trends, raising from Facebook to digital health.
In 2013, they made one of their best bets yet by backing a then little-known cryptocurrency which is called bitcoin. Particularly, Tecco told that they made an angel investment in the Grayscale Bitcoin Investment Trust, a place for investors to invest in cryptocurrency.
This couple has donated all their investment to the cancer research, which is called as MUSC Hollings Cancer Center in South Carolina.

Halle Tecco described:

“We pretty much forgot about it for a few years (the bitcoin investment) and then this year, it got interesting.”
She ignored to say exactly how much they invested, but the hospital has to decide whether they have to convert the investment into the bitcoin or into the dollars, but the value of it is in hundreds of thousands of dollars at today’ price.

 

Tecco told that they initially invested in the virtual currency “mostly out of the curiosity and to diversify our investments.” They invested when bitcoin was selling around $800.

 

Bitcoin has grown and crossed more than $17,000 last week, after being worth less than $1,000 at the start of the year. now it is getting the legitimacy on the Wall Street.

 

Hammerbacher is an early Facebook data scientist who is now running a lab at Mount Sinai, and his wife Tecco is the co-founder of digital health investment firm Rock Health. Together as a couple, they run an angel fund called Techammer.

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Here is what Bitcoin needs to Prove Before Goldman Sachs Would Invest

Bitcoin should Prove few things before Goldman Sachs would Invest Goldman Sachs says that it has found Bitcoin’s biggest problem. This week, a top Goldman Sachs investment strategist described what Bitcoin and other cryptocurrencies need to do to maintain their prices, which have recently bounced after a continued crash. Allison …

Tesla faces Cryptocurrency Mining Malware Attack

Hacker’s hit Tesla’s Cloud to mine Cryptocurrencies Electric vehicle maker Tesla has fallen into big trouble since the hackers company’s cloud to mine cryptocurrencies. On Tuesday, Cybersecurity software firm RedLock announced that hackers had exploited an insecure Kubernetes console, which they utilized to access computer processing power from Tesla’s cloud …

Ripple Partners with 5 New Clients around 4 Countries

Ripple collaborates with few more Banks and  Money Remittance Companies Ripple has announced its new partnerships with five banking and money transfer institutions across various countries. According to the reports, in the coming days, the two banks aú Unibanco from Brazil and IndusInd from India along with the money remittance …

-->

Pin It on Pinterest

Shares
Share This