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Honestly, one of the most intriguing mysteries in the crypto world is the question of how many bitcoins Satoshi has and what is happening with them. Recently, amid the rise in BTC prices, this topic has resurfaced in discussions because the calculations show astonishing figures.
The first miner in Bitcoin's history, the protocol creator, mined cryptocurrency in the earliest days. From January to July 2009, this person accumulated approximately one million bitcoins, earning 50 BTC for each block. It was a time when mining was accessible to almost everyone using a regular computer. An interesting point — there is a theory that Satoshi could have mined even more, but deliberately limited his hashing power to give other miners a chance to develop the network.
Cybersecurity expert Sergio Damian Lerner conducted a detailed analysis of early blocks and identified the so-called Patoshi pattern — a pattern of blocks that appear to have been mined by a single miner. His research showed that one farm indeed earned about one million BTC in rewards. Lerner suggested that this was Satoshi himself.
Now, to the main point. All these bitcoins have never been touched. Not once. Since 2010, when the creator essentially disappeared from the public eye, these coins have remained on their addresses. No activity. This has sparked a lot of speculation within the community. Some believe Satoshi has long since passed away, and these bitcoins are simply lost to the market. Others hope he is out there somewhere and might return someday. Still, others think that Satoshi never existed at all, and Bitcoin was created by entirely different people.
As for the value of these holdings — at the current price of approximately $66,800 per BTC, the portfolio is valued at about $73 billion. That’s roughly 5.2% of the total Bitcoin supply. For comparison, a large corporation that has been actively buying BTC in recent years holds only 2.7%. According to estimates, such wealth would place Satoshi in the top 20 richest people on the planet, surpassing the capital of some well-known businessmen.
If Satoshi decided to sell these coins on the market, it would be catastrophic for the price. The market simply couldn’t withstand such volume. But most crypto enthusiasts are convinced this will never happen — either because the creator is no longer alive or because he understands the impact on the ecosystem and would never want to destroy it. This uncertainty remains one of the most tense points in Bitcoin’s history, and the question of how many bitcoins Satoshi has and what they mean for the future remains open.