A landfill site in Newport, Wales, which is home to a hard drive with 8,000 Bitcoin worth around 768 million USD, is set to close by the 2025-26 financial year. Owner James Howells has faced challenges in his decade-long legal efforts to excavate the drive.

Howells’s recent legal battle was dismissed due to lack of realistic chances for recovery. The Newport council emphasized that excavation could pose significant environmental risks, complicating any attempts to retrieve the lost Bitcoin.