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Forget crypto or stocks, man builds $250,000 fortune in nickels
In a world chasing Bitcoin (BTC), gold, and tech stocks, one American individual has made a decidedly analog bet: buying $250,000 worth of physical nickels. The man called Kyle Mitchell revealed on X that he has accumulated 5 million coins, roughly 55,000 pounds of metal, stored in boxes from a local bank vault. His rationale is that each U.S. nickel contains 75% copper and 25% nickel, with a melt value hovering around $0.043 to $0.047 depending on commodity prices. That is nearly 95% of its face value, meaning the U.S. Mint loses money with every coin it produces. His thesis is simple. Once Congress approves cheaper ... (full story)
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- Oct 20, 2025 9:30pm Posted byEntertainment362
