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Yuga Labs’ Twelvefold Bitcoin NFT Auction Collects $16.5 Million

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Yuga Labs’ auction of its Bitcoin Ordinals-based NFT collection “TwelveFold” collects around $16.5 million in 24 hours.

Yuga Labs tweeted “The TwelveFold auction has ended. Congratulations to the top 288 bidders – you will receive your inscription within one week.”

Yesterday, Yuga Labs announced the auction of the Bitcoin Ordinals NFT collection TwelveFold with 12 pieces out of 300 going to contributors, donations, and philanthropic efforts. 

A total of 3,246 bids contributed 735.7 BTC, or around $16.5 million, to the sale of TwelveFold NFT. The Bitcoin for rejected bids will be reimbursed within 24 hours.

The lowest successful bid was 2.2501 BTC, about $50,000, and the highest bid was 7.1159 BTC, around $159,500.



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