After spending millions to buy the token in the first place, crypto entrepreneur Sina Estavi is having trouble selling an NFT of Twitter co-founder Jack Dorsey’s first tweet.

According to CoinDesk, he sold the NFT of the tweet for a stunning $48 million. The biggest bid he received as of Thursday morning was 2.2 ether, or around $6,856.

That’s only 0.2 percent of the $2.9 million Estavi paid in March to purchase the NFT.

“I believe that, like the Mona Lisa painting, people will discover the actual significance of this tweet years later,” he stated at the time.

Despite the fact that the date he set had passed, he told CoinDesk and the BBC that he might accept a “decent offer” or never sell it.

“I believe the value of this NFT is significantly larger than you can conceive,” he told the BBC. “Whoever wants to acquire it must be worth.”

“I believe that someone like Elon Musk is deserving of this NFT.”

Non-fungible tokens, or NFTs, are one-of-a-kind certificates that verify ownership of digital goods such as trading cards, music, photos, and even Dorsey’s tweets. Over the last year, total NFT sales have risen to $25 billion as artists, investors, and entrepreneurs strive to profit from the ostensibly lucrative Web3 market.

According to some experts, the haste to cash in on the NFT boom has come at the expense of user security, with hackers aplenty on marketplaces.

Despite the fact that Estavi owns the digital rights to Dorsey’s tweet, it is nonetheless freely accessible to anybody with an internet connection.

Estavi, the creator of two crypto companies based in Malaysia, claimed in a tweet last week that he wanted to contribute half of the revenues to African poverty relief initiatives.