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Home ยป Michael Saylor: Bitcoin ETF’s Holdings Equalling Satoshi Nakamoto’s, BTC Value Resembling a Picasso Masterpiece
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Michael Saylor: Bitcoin ETF’s Holdings Equalling Satoshi Nakamoto’s, BTC Value Resembling a Picasso Masterpiece

May. 26, 20242 Mins Read
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Michael Saylor: Bitcoin ETF's Holdings Equalling Satoshi Nakamoto's, BTC Value Resembling a Picasso Masterpiece
Michael Saylor: Bitcoin ETF's Holdings Equalling Satoshi Nakamoto's, BTC Value Resembling a Picasso Masterpiece
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MicroStrategy CEO Michael Saylor recently shared an interesting data point on the X platform, stating that the total amount of Bitcoin held by global Bitcoin spot ETFs has reached the same level as the Bitcoin holdings in Satoshi Nakamoto’s addresses.

According to the latest data from HOLD Capital, the total holdings of Bitcoin spot ETFs globally, including those in the US, Germany, Hong Kong, and other countries, 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 owns around 1.1 million Bitcoins. This estimate is mainly based on the research of blockchain analysts who have identified specific mining patterns associated with Satoshi Nakamoto, known as the “Patoshi pattern.”

In reality, the exact amount of Bitcoin held by Satoshi Nakamoto is difficult to determine, but researchers and analysts generally believe that it is somewhere between 600,000 and 1.1 million Bitcoins. This uncertainty is due to 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 value relationship between Bitcoin and art. When asked about art, he stated:

“In my opinion, the value of Bitcoin is like a work of art by Picasso or Van Gogh. It is a unique creation that cannot be replicated or destroyed.”

The interviewer also asked Michael Saylor about the large sale of MicroStrategy stocks. He explained:

“We sold a portion of our MicroStrategy stocks to acquire more Bitcoin. We believe that Bitcoin is a superior asset with greater long-term potential.”

Related reports:
– Ethereum’s next move in the tug-of-war between bulls and bears: Searching for clues from the historical trends of Bitcoin ETFs
– Zhu Su from Three Arrows: If Ethereum spot ETF is approved, ETH could reach $5,400 and Bitcoin could surge to $80,000
– Hong Kong races ahead of the US in approving Ethereum spot ETF, Bloomberg analyst says not to expect large capital inflows, but it will force the SEC to accelerate the approval process.

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