Michael Saylor, the most loyal believer in Bitcoin and executive chairman of MicroStrategy, a US-listed company that dominates BTC currency holdings, recently shared an interesting data. He said that the number of Bitcoins currently held by 28 Bitcoin spot ETFs around the world It is already close to Satoshi Nakamoto’s address holdings.
HOLD Capital: Global ETFs hold a total of 1 million BTC
According to the latest data from HOLD Capital, the holdings of 28 Bitcoin spot ETFs around the world (including the United States, Germany, Hong Kong, etc.) have reached 1 million BTC. This level reflects the popularity of Bitcoin in the global financial market. Status becomes more and more important.
According to research and analysis, the total number of Bitcoins owned by Satoshi Nakamoto is estimated to be around 1.1 million. This estimate is largely based on research by blockchain analysts, who identified a specific mining pattern associated with Satoshi Nakamoto, known as the “Patoshi pattern.”
In fact, the exact number of Bitcoins is difficult to determine, but researchers and analysts agree that Satoshi Nakamoto holds somewhere between 600,000 and 1.1 million Bitcoins. This uncertainty is due to the difficulty in determining whether certain addresses belong to Satoshi Nakamoto, as well as the possible presence of multiple wallets.
Michael Saylor: BTC is as valuable as a Picasso painting
Recently, Michael Saylor was interviewed by Bitcoin Magazine. In the interview, he shared the relationship between the value of BTC and art. When talking about art, he said:
What I'm trying to say is that Picasso's art has a monetary premium because it's considered rare, desirable, and portable.
Bitcoin is a homogeneous capital asset that all rich, powerful, and educated people will want, and you can move it out of the country in minutes. So I think ultimately these people are obsessed with intrinsic value. And of course, the best currency is one with zero intrinsic value. It's all currency premium. This is the best currency. This is obvious.
In addition, the reporter also asked Michael Saylor why he sold a large amount of MicroStrategy stock. He explained:
This was in April 2014. I received 400,000 stock options as part of my compensation. It's a 10-year stock option, and if I don't exercise it, it will be worthless in 10 years. So I think the expiration date was probably around April 25th. About a year ago it occurred to me that I would eventually need to exercise it, so how do I do that?
If you look back at our earnings calls between October and November, I told all shareholders that I had a 10B5-1 plan in place. The plan is to sell 5,000 shares per day for 80 consecutive trading days, which is the final 80-day trading window. I had held the option for as long as I could - 10 years - and then I had to exercise it. Otherwise, the option will expire worthless.
