Man who spent 1,500 BTC on a graphics card now CEO of Bitcoin insurer
June 11, 2026, 9:13 PM
Chris Seedor, co-founder and CEO of BTC insurance provider Bitsurance, has shared a story about spending 1,500 BTC on a single graphics card. According to The Block, he stated that he bought the graphics card in 2011 after receiving a large amount of BTC from a friend and being unable to find a use for it. At current prices, that amount is worth $90 million. Bitsurance offers insurance services for BTC held in hardware wallets, covering events such as fire, flooding, theft, and physical coercion.
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