Stimulus checks update: People who bought Bitcoin with stimulus payments may now have a profit of over $11,000, as of Tuesday

For people who used their first $1,200 stimulus checks to purchase Bitcoin, well they may now have a profit of over $11,000, as of Tuesday.

According to Newsweek, BitcoinStimulus.net has tracked the price of Bitcoin since people started getting and investing in their first stimulus checks on April 15, 2020.

According to the website, the price of Bitcoin has increased by 800% within the last 18 months, indicating that those who put their stimulus checks into BItcoin may have over $11,000 in money.

Though if you invested all three of your stimulus checks totaling up to $3,200, according to BitcoinStimulus.net, you’re in for a big payday. They would be worth over $13,000.

Read more via Newsweek.

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