Bitcoin’s average acquisition cost hit $40.9K record high in 2024
Some of the industry’s leading innovators, including Adam Back, say that Bitcoin’s “floor price” is above $40,000.
![Bitcoin’s average acquisition cost hit $40.9K record high in 2024](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTEvMDE5MzRlODgtOWY0OS03ZjQ2LTljMWItOTM1Y2IwYmYxMDVi.jpg?#)
Some of the industry’s leading innovators, including Adam Back, say that Bitcoin’s “floor price” is above $40,000.