Four-year-old Brazilian earns 6,500% profit on her first Bitcoin gift

The four-year-old daughter of the founder of Brazilian crypto exchange Foxbit – Joao Canhada – has landed a huge profit from a Bitcoin gifted to her at birth.

Canhada gave the Bitcoin to his new-born in 2017 when it was still hovering around $1,000. Today, it topped $62,500.

“As soon as my daughter was born, in 2017, I bought one Bitcoin for her, not just as an ordinary Bitcoin gift, but as a way of investing in this new economy,” Canhada said.