What if you bought Bitcoin on March 12, 2020?
COVID Black Thursday
Bitcoin was trading at $5,066 on March 12, 2020. Here's what different investments would be worth today at $71,308.
You invested
$100.00
on 2020-03-12
BTC price then
$5,066
0.019740 BTC bought
Value today
$1,408
BTC at $71,308
Profit
+$1,308
+1307.6%
You invested
$500.00
on 2020-03-12
BTC price then
$5,066
0.098700 BTC bought
Value today
$7,038
BTC at $71,308
Profit
+$6,538
+1307.6%
You invested
$1,000
on 2020-03-12
BTC price then
$5,066
0.197400 BTC bought
Value today
$14,076
BTC at $71,308
Profit
+$13,076
+1307.6%
You invested
$5,000
on 2020-03-12
BTC price then
$5,066
0.986999 BTC bought
Value today
$70,381
BTC at $71,308
Profit
+$65,381
+1307.6%
You invested
$10,000
on 2020-03-12
BTC price then
$5,066
1.9740 BTC bought
Value today
$140,762
BTC at $71,308
Profit
+$130,762
+1307.6%
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Bitcoin on March 12, 2020: COVID Black Thursday
March 12, 2020 — 'Black Thursday' — saw Bitcoin crash 40% in a single day as the COVID-19 pandemic triggered a global liquidity crisis. BTC fell from $8,000 to under $5,000, alongside historic drops in stocks, oil, and gold. Every asset was sold as investors scrambled for cash. This day tested Bitcoin's 'uncorrelated asset' thesis — and in the short term, it failed. But the subsequent recovery would prove to be one of the most explosive rallies in Bitcoin's history.
On March 12, 2020, one Bitcoin cost $5,066. A $1,000 investment would have purchased 0.197400BTC. At today's price of $71,308, that holding would be worth $14,076 — a +1307.6%return. This calculation does not account for transaction fees, taxes, or the emotional difficulty of holding through Bitcoin's famous volatility. Past performance does not guarantee future results.
Frequently Asked Questions
A $1,000 investment in Bitcoin on March 12, 2020 would be worth approximately $14,076 today, representing a +1307.6% return. Bitcoin's price on that date was $5,066, and it is now $71,308. This translates to owning approximately 0.197400 BTC.
Bitcoin was trading at approximately $5,066 on March 12, 2020. At today's price of $71,308, that represents a 14.1x increase. This date is notable as the COVID Black Thursday.
A $100 Bitcoin purchase on March 12, 2020 at $5,066 per BTC would have grown to approximately $1,408 today — a +1307.6% return over 6 years.
Based on Bitcoin Gate's historical analysis, buying Bitcoin in 2020 at $5,066 resulted in a 1307.6% return to date. This was an exceptional entry point.
Since March 12, 2020, Bitcoin has gone from $5,066 to $71,308 — a 14.1x increase. Historically, Bitcoin has rewarded holders across virtually all entry points when held for 4 or more years. Dollar-cost averaging remains a proven strategy for entering at any price level.