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Market News

Sotheby’s Bitcoin Ordinals Auction Now Open for Bids

Three items from the BitcoinShrooms collection, which is regarded as one of Shroomtoshi's early Bitcoin Ordinals projects, were up for auction.

Written By:
Jalpa Bhavsar

Last updated: January 12, 2024 7:39 PM
Published 2024-01-12
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Last updated: January 12, 2024 7:39 PM
Published 2024-01-12
Sotheby's Bitcoin Ordinals Auction Now Open for Bids

The Bitcoin Ordinals collection, curated by art auction firm Sotheby’s, is now up for bids.

Presenting our Natively Digital: An Ordinals Curated Sale: https://t.co/nd4QoRWLOH

A special curation of Bitcoin Ordinals featuring pioneering Artists and Rare Sats is now open for Bidding until 22 January 📢 pic.twitter.com/2XRi37TQ7c

— Sotheby's Metaverse (@Sothebysverse) January 12, 2024

The auction, named “Natively Digital: An Ordinals Curated Sale,” features nineteen items, including rare Satoshis, creations by the first Bitcoin Ordinals artist, Shroomtoshi, generative art, and a piece related to the Taproot Wizards Bitcoin Ordinals brand. The auction ends at 2:00 p.m. ET on January 22. 

“This sale puts a spotlight on the incredible range of creative diversity found within the Bitcoin ecosystem, as Ordinals have seen explosive growth over the past year,” Sotheby’s stated in a press release. 

On December 13, Sotheby’s concluded the inaugural auction of Bitcoin Ordinals. Three items from the BitcoinShrooms collection, which is regarded as one of Shroomtoshi’s early Bitcoin Ordinals projects, were up for auction.

Five times greater than the aggregate estimate for the three items, the auction brought in $450,850 at a close, according to a statement from Sotheby’s. 

According to an announcement from Sotheby’s head of digital art Michael Bouhanna, “last month’s sale of three BitcoinShrooms was a test case to introduce Ordinals to the auction market.” 

Also Read: Ledger And Sotheby To Offer Free Wallets To NFT Collectors

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)Metaverse
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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.

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