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Qian Zhimin actually purchased 194,000 Bitcoins, far exceeding the 61,000 Bitcoins known to the police; the whereabouts of the remaining 120,000 Bitcoins are unknown.

2025-11-28 07:41:15
Shareshare
According to court documents, Qian Zhimin purchased a total of 194,951 bitcoins, far exceeding the 61,000 bitcoins previously known to the police. However, the court did not disclose the whereabouts of the remaining 120,000 bitcoins. London Metropolitan Police detective Joe Lane told British media that Qian Zhimin claimed a wallet containing approximately 20,000 bitcoins had its password lost. Based on current market prices, this portion of bitcoins alone is worth approximately 12.5 billion yuan. (China News Weekly)
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