The first known commercial use of Bitcoin was a purchase of two pizzas in 2010 by programmer Laszlo Hanyecz for 10,000 BTC, which is equivalent to roughly $400 million at today’s valuation.
Investing in Bitcoin has been compared to investing in “digital gold.” Setting aside the inflation-hedge claims of Bitcoin enthusiasts, comparing it to gold is a good analogy when considering the myriad ways to invest in Bitcoin.
Invest in Companies That Utilize Blockchain Technology
This type of investment will not give you direct ownership of Bitcoin, but it will let you invest in innovative companies advancing the use of blockchain technologies.
An ETF is a specialized investment vehicle that tracks the performance of a particular asset without the investor having to own the actual asset itself.
Bitcoin mining is a way to receive actual Bitcoin in exchange for lending your computing power to solve complex math problems and completing blocks of verified Bitcoin transactions on the blockchain.
Last but certainly not least on the list is purchasing Bitcoin directly. If you are looking for a pure-play on the price movements of Bitcoin, there is no better way than to own the asset itself.