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 $66,926.
You invested
$100.00
on 2020-03-12
BTC price then
$5,066
0.019740 BTC bought
Value today
$1,321
BTC at $66,926
Profit
+$1,221
+1221.1%
You invested
$500.00
on 2020-03-12
BTC price then
$5,066
0.098700 BTC bought
Value today
$6,606
BTC at $66,926
Profit
+$6,106
+1221.1%
You invested
$1,000
on 2020-03-12
BTC price then
$5,066
0.197400 BTC bought
Value today
$13,211
BTC at $66,926
Profit
+$12,211
+1221.1%
You invested
$5,000
on 2020-03-12
BTC price then
$5,066
0.986999 BTC bought
Value today
$66,056
BTC at $66,926
Profit
+$61,056
+1221.1%
You invested
$10,000
on 2020-03-12
BTC price then
$5,066
1.9740 BTC bought
Value today
$132,112
BTC at $66,926
Profit
+$122,112
+1221.1%
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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 $66,926, that holding would be worth $13,211 — a +1221.1%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.