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How Does Bitcoin Make Money?

Unlike stock, bitcoin does not represent ownership in a company or entity. Owning bitcoin is owning digital currency, much like owning US$1 is owning the paper currency. Bitcoin miners earn rewards for completing verified transactions blocks, and bitcoin owners make money as the price per coin increases. For example, if you purchased 100 coins at $65.52 (100 x $65.52 = $6,552) on July 5, 2013 (bitcoin's record low) and held it until its all-time high of $61,683.86 on March 13, 2021, you would have $6,168,386.