A major cryptocurrency owner has raised a flag with a bitcoin symbol on Mount Everest

dadwan Yusuf, a 23-year-old crypto entrepreneur, unfurled a flag with the logo of the first cryptocurrency BTC $60,820.26 Bitcoin -4.45% Market capitalization $1.2 trillion VOL. 24 hours $2.75 billion on the top of Mount Everest.

«A symbol of freedom and independence even in the highest places on Earth. At the same time as bitcoin reached new highs, its flag arrived at a record height,» he commented on his achievement in a post on the X platform.

According to Yusuf, by displaying the bitcoin symbol, he wanted to draw attention to «global injustice in terms of access to financial education.»

According to Blick, Yusuf’s family moved from Iraq to Switzerland as refugees in 2003. At the age of 11, the boy became interested in the first cryptocurrency as a way to make fast international non-bank transfers. He bought the first bitcoins with the 300 francs he had saved, but did not find a way to send them to his grandmother in Iraq. A year later, the teenager discovered that the value of his digital assets had grown to 11,000 francs. Since then, he has been investing in cryptocurrencies.

According to the boy’s tax return, as of 2020, 20-year-old Yusuf’s wealth amounted to 270 million francs ($ 300 million). In an interview with the publication, he stated that he also owned 416,000 ETH, which was worth more than $ 1.2 billion at the time.