U.S. residents who invested their first stimulus checks in Bitcoin have seen a 45.5% return, from $1,200 in April to roughly $1,746 at the time of writing, when the cryptocurrency is surging past $10,200.
In a July 26 interview with CNN’s Jake Tapper, White House economic advisor Larry Kudlow confirmed Americans will be receiving another $1,200 check as part of a roughly $1 trillion stimulus package first announced on July 23.