MicroStrategy CEO Michael Saylor recently shared an interesting data point on the X platform, stating that the global holdings of Bitcoin by spot exchange-traded funds (ETFs) have reached the same level as the holdings in Satoshi Nakamoto’s addresses.
Bitcoin’s most loyal believer, MicroStrategy CEO Michael Saylor, recently shared an interesting data point. He stated that the total amount of Bitcoin held by 28 global spot ETFs is approaching the amount held in Satoshi Nakamoto’s addresses.
According to the latest data from HOLD Capital, the total holdings of Bitcoin by these 28 ETFs, including those in the United States, Germany, and Hong Kong, have reached 1 million BTC. This level reflects the increasing importance of Bitcoin in the global financial market.
Based on research and analysis, it is estimated that Satoshi Nakamoto holds around 1.1 million BTC. This estimate is mainly based on the research of blockchain analysts who have identified specific mining patterns associated with Satoshi, known as the “Patoshi pattern.”
In reality, the exact amount of Bitcoin held by Satoshi Nakamoto is difficult to determine. However, researchers and analysts generally agree that it is between 600,000 and 1.1 million BTC. This uncertainty arises from the difficulty of determining whether certain addresses belong to Satoshi Nakamoto and the possibility of multiple wallets.
In a recent interview with Bitcoin Magazine, Michael Saylor discussed the relationship between the value of Bitcoin and art. When asked about art, he stated:
“Art is a store of value, just like Bitcoin. Picasso paintings have value because they are rare, unique, and have a cultural significance. Similarly, Bitcoin has value because it is scarce, decentralized, and has a global reach.”
The interviewer also asked Michael Saylor about his large sale of MicroStrategy stocks. He explained:
“I sold MicroStrategy stocks to acquire more Bitcoin. I believe that Bitcoin is the best investment for the future, and I want to maximize my exposure to it.”
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