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'Bitcoin NFT' Hysteria Comes to Sotheby's as Super-Mario-Style Mushroom Character Tops $200K

In the historic auction house's first-ever sale of the Ordinals inscriptions known as "NFTs on Bitcoin," a batch of three pixelated images from a mushroom-themed collection drew about $450,000, or roughly five times the highest estimates.

Screenshot of BitcoinShrooms website showing items from the collection. (Bitcoinshrooms.com)
Screenshot of BitcoinShrooms website showing items from the collection. (Bitcoinshrooms.com)