You’d have $10K now if you’d invested April 2020 stimulus in Bitcoin

A Twitter account named “$1200 Stimulus Is Now Worth” has been tracking how much the first US $1200 stimulus would be worth if you invested in Bitcoin when the funds were sent out from April 15, 2020.

The passing of the first $1200 stimulus bill in April last year corresponded with a huge bull run in the cryptocurrency and stock markets.

Bitcoin was sitting at $6,848 on April 15, and if you had invested the $1200 stimulus then it would now be worth $10,211 at today’s prices of roughly $56,000. The return on investment is 751%.

And if you’d somehow missed out on investing the first stimulus check into Bitcoin, the second stimulus of $600 rolled out in late December would still have given you a decent return. If you had purchased Bitcoin on Jan. 1 at roughly $29,000, that $600 investment would have now grown to be worth around $1,160 — a 93% return.

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