A lot of people opted to use their stimulus checks when they got them as investments into Bitcoin.
If you got your check in April of 2020 worth $1,200 and invested it into Bitcoin, as of Tuesday it was worth $11,000.
There has been a massive increase in cryptocurrency since 2020 and Bitcoin alone has seen an increase of 800%.
All three stimulus checks together were worth $3,200 and if someone invested all of them, they would be worth $13,000 now.
When checks were first disbursed Bitcoin was worth $6,000-$7,000.
In December of 2020 when $600 checks went out, Bitcoin was worth $28,984.
The third stimulus check came out when Bitcoin was worth $57,684.
Selling your shares now will likely bring you a much bigger return than what the original checks were worth.
Related: What is cryptocurrency and how do you make money off of it? Here’s everything to know about crypto
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