CryptoNews

Crypto Exchange Bitmex Sends Physical Bitcoin to the Moon — Expects to Land on Lunar Surface Next Month

Cryptocurrency derivatives exchange Bitmex is sending a physical bitcoin to the moon. “The bitcoin wallet in the shape of one coin will land on the Moon aboard the Peregrine spacecraft, making this the first financial asset to touch the lunar surface!” Bitmex detailed.

Bitmex Sending Bitcoin to the Moon

Crypto derivatives exchange Bitmex announced Saturday that it is “sending bitcoin to the Moon on January 8 at 02:18 am ET from Cape Canaveral Space Force Station, Florida.”

The announcement details: “The bitcoin wallet in the shape of one coin will land on the Moon aboard the Peregrine spacecraft, making this the first financial asset to touch the lunar surface!” Bitmex added: “After an Earth orbit, Vulcan rocket will launch and place Peregrine-1 on a lunar trajectory outside of the Earth’s atmosphere, where Peregrine-1 will power on and continue to the 7-week of lunar orbit phase.” The crypto exchange continued:

The bitcoin carried on the United Launch Alliance (ULA) Vulcan rocket, and integrated onto Peregrine-1, commercial lunar lander, is scheduled to reach the Moon in late February (tentative arrival date: February 23, 2024).

“The landing of Astrobotics’ Peregrine-1 on February 23 could mark the first Western soft lunar landing since NASA’s Apollo 17 mission in 1972 and the first commercially driven Moon mission,” the crypto exchange noted, adding that the physical bitcoin will remain on the lunar surface with Peregrine.

The crypto firm further detailed: “Bitmex’s physical bitcoin, weighing 43g and loaded with 1 BTC … is amongst the 201 payloads from governments, companies, universities, and NASA’s Commercial Lunar Payload Services initiative to travel to the lunar surface. Engraved with a public address (1MoonBTCixFH3XTrWRCbMpK23o74nQrA1Q) and a private key, this will be the first-ever financial asset sent to the Moon.”

Stephan Lutz, CEO at Bitmex, opined: “The mission is a momentous achievement in space exploration, representing the first step of creating a monetary system for a space economy. Perfectly preserved for future generations, the bitcoin on the Moon is a time capsule that captures one of the most significant human innovations and technological advancements. This decisive leap forward is just the beginning of a new era.”

What do you think about Bitmex sending a physical bitcoin to the moon? Let us know in the comments section below.

Source: Bitcoin

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