"$900K Turned Into $121M"- The Bitcoin Bet That Turned CZ Into A Crypto Legend
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 14 May 2026
⏱️ 22 minutes
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Summary
CZ shares how he went from a rural village in China to Vancouver, McGill and Wall Street‑adjacent fintech roles in Tokyo, New York, Shanghai and Singapore before ever touching crypto. He explains why discovering Bitcoin in 2013 felt “bigger than the internet,” how that conviction led him to sell his Shanghai apartment for around 900,000 dollars to buy Bitcoin at roughly 600 dollars a coin, and why he quit his job to work full‑time in the space even without much cash left.
Transcript
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| 0:00.0 | Your story. Fascinating story. |
| 0:02.6 | You know, before everybody learned about you with Binance, at the time, I think you guys went |
| 0:06.8 | from zero to billion the fastest out of any other company that we had. |
| 0:11.1 | And then reports came out. |
| 0:12.7 | You on Twitter, you have a massive following. |
| 0:15.2 | When it comes on to Bitcoin, the comments you've made, the stories of you selling your |
| 0:18.6 | house for $900,000, all of that. |
| 0:25.6 | But for some of the audience that maybe doesn't know before you became the business tycoon that you are today, how does the story begin? |
| 0:27.6 | Well, we traced back, right? I was born in a fairly rural village in China. |
| 0:33.6 | I grew up there, moved to a city when I was 10, and then moved to Canada when I was 12. |
| 0:40.1 | And then I did high school there. |
| 0:42.8 | I did high school in Vancouver. |
| 0:44.5 | And then I started college in Montreal in McGill. |
| 0:48.7 | Didn't graduate there. |
| 0:50.3 | I did four years. |
| 0:51.7 | And then my intern boss gave me a job. and I delayed and delayed and I never went back to McGill. I started working. |
| 1:00.0 | And then I worked in Tokyo, New York, Shanghai and then where else, Singapore. |
| 1:10.0 | So I started with an IT guy and then turned into an entrepreneur. |
| 1:16.6 | I worked at New York in Bloomberg in New York. |
| 1:20.6 | And so I was always in the sort of financial tech, thin tech field. |
| 1:25.6 | And then I started a company. I was a junior partner of an, and then I started a company. |
| 1:28.3 | I was a junior partner of an IT company. |
... |
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