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Home»Bitcoin»$1K Bitcoin Bet Made Him $88M

$1K Bitcoin Bet Made Him $88M

Bitcoin By Gavin31/10/2025
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Analyst Sees a Bitcoin Market Shift — Here’s What’s Happening
Analyst Sees a Bitcoin Market Shift — Here’s What’s Happening
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The following are some of the ways to get in touch with each other Bitcoin investment success Jackson Zeng went from being a student struggling to get by into a crypto-mogul worth $88 million. Caleb and Brown’s CEO Jackson Zeng made his fortune by placing a $1,000 Bitcoin betting in 2013, which his parents originally called. “horrifying.” Zeng’s story illustrates how early adoption of crypto can create extraordinary wealth even when the family doesn’t agree.

Jackson Zeng’s Swyftx Acquisition Fame is a result of his Bitcoin Investment Success

Jackson Zeng alongside Caleb and Brown leadership team members – Source: DailyMail

A $1,000 bet that changed everything

Jackson Zeng became a Bitcoin investor when, at his university days, he invested all of his money in Bitcoins at $100 each. He was horrified when his parents saw the digital currency and thought it to be a gamble. Sydney-based resident, 28 years old, held on through each crash and rally. This demonstrated his patience required to see Bitcoin investments succeed.

Zeng stated

“My parents were horrified by my decision to invest in Bitcoin. They thought I was throwing my money away.”

You may also like: Strategy Earns $12 Billion on Bitcoin Holdings in 2025

Swyftx Founder Caleb and Brown Chief Executive Officer

Zeng was able to use his early Bitcoin investing success in order to co-found Swyftx with some of its partners back in 2017. Swyftx has since become one of Australia’s most prominent crypto exchanges. Zeng became CEO of Swyftx after Caleb and Brown acquired it in 2024 for approximately $200,000,000.

Zeng’s reflections on his trip are as follows:

“I’m now one of Australia’s richest people under 30.”

Jackson Zeng portrait in professional setting
Jackson Zeng portrait in professional setting – DailyMail

You may also like: SpaceX Moves $31M in Bitcoin as Tesla Holds $2B

Bitcoin 2025 reached $190,000. This allowed him to multiply his Bitcoins 1,900-fold. Now, his net worth is estimated at $88,000,000. Swyftx’s acquisition was designed to increase Caleb and Brown’s retail presence, while maintaining the Caleb and Brown brand.

How His Parents Feel Now

His relationship with his parents has completely changed. Was tension about a potentially risky investment? It has now become pride. Jackson Zeng’s story with Caleb Brown and Swyftx shows how early adoption of new technologies can have life-changing results.

“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: watcher.guru

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