‘Bitcoin Sign Guy’ Has Sold His Original Sign for 16 BTC [Video]

The iconic ‘Buy Bitcoin’ sign held behind Janet Yellen during her televised Congressional testimony in July 2017 has been auctioned off for 16 BTC, or just over $1 million.

Scarce.City, the auction house that facilitated the deal, said it was a record amount for the auction platform.

The auction itself was held at PubKey, a Bitcoin-themed bar in New York City.

The sign’s new owner is someone who goes by the handle of Squirrekkywrath, according to a tweet from PubKey.

Not much is known about its new owner. The head of research at Galaxy, Alex Thorn, said he’s a “bitcoin OG that no one has ever heard of.”

In a prior interview with CoinDesk, Christian Langalis, who held up the sign, said the proceeds would go to fund his startup, Tirrel Corp, which is developing a Bitcoin Lightning network wallet on Urbit.

After holding up the sign during a 2017 House Financial Services hearing, Langalis …