It started out around $1,000 and recently has gone as high as $19,000.
RELATED: Everything you need to know about Bitcoin
Jason Les is the director for Riot Blockchain, a company that specializes in Bitcoin. He sat down with ABC7 News to break it all down.
If you're interested in doing more research on Bitcoin, Les recommends the following websites:
www.youtube.com/user/aantonop
lopp.net/bitcoin.html
Watch the video player above for Les' explanation on why this is a good investment.
Click here for a look at our past coverage on Bitcoin.