Blackrock and Strategy already have more bitcoin together than Satoshi Nakamoto

With your ETF Bitcoin and with institutional purchases, Blackrock and Strategy Together now they have more than 1,100,000 Bitcoins, which exceeds the known holdings of Satoshi himself.

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• Blackrock and Microstrategy They add more than BTC 1,111,000.
  
• Satoshi would have accumulated a maximum of BTC 1,100,000, as far as it is known.
  
• Despite the figures, both companies are not fully due to those BTC
• There are more and more institutions investing in Bitcoin.

For years, Satoshi Nakamoto was considered the individual or entity with the greatest accumulation of Bitcoin (BTC) in the world. However, this supremacy has been challenged by two traditional finance giants: Blackrock and Strategy (before Microstrategy). According to recent data, their combined holdings of BTC They exceed, for the first time, the legendary fortune of the creator of the main digital currency.

The asset management company Blackrock, Through its contribution quoted in the stock market (ETF) of Bitcoin in cash, it currently maintains BTC 573,187. For its part, Strategy, The firm led by Michael Saylor, accumulates BTC 538,200. Together, both institutions have BTC 1.111.387, a figure that exceeds the commonly accepted estimate of the holders of Satoshi Nakamoto.

How much Bitcoin Do you really have Satoshi?

The figure traditionally attributed to Satoshi is approximately BTC 1,100,000, an estimate based on the call “Pathtern Pattern” identified by researcher Sergio Lerner in 2013. This pattern analyzes the first mined blocks of Bitcoin, attributing them to a single entity due to certain technical characteristics.

However, some historians and analysts such as Pete Rizzo have questioned the accuracy of that figure, pointing out possible collaborative mining scenarios or lagoons in the available data. The majority of experts agree that Satoshi did not acquire new currencies after April 2011, date on which he disappeared from the radar.

In the absence of evidence of purchases or subsequent mining, the comparison is based exclusively on the public addresses associated with Satoshi, which places its assets known below the threshold achieved by Blackrock and Strategy.

Who really belongs to that Bitcoin?

Despite the impressive of the figure, it is important to highlight a fundamental difference: the Bitcoin in the hands of Blackrock and Strategy It is not in personal, but legal and institutional custody. The case of Satoshi represents a pure form of self-supporting possession, without contractual or third parties involved.

In contrast, the BTC Under the administration of Blackrock They are legal property of investors who acquire participations in their ETF (Ibit). The company acts only as custodian in the name of the shareholders, which implies that these assets are subject to shared rights and regulatory conditions.

In the case of Strategy, The situation is different but equally complex. The company has financed much of its acquisitions of BTC Through corporate debt, which implies that their holdings are committed to obligations towards creditors, preferential shareholders, employees and tax authorities.

Further Bitcoin that Satoshi, at least technically

In purely numerical terms, the institutional portfolios of Blackrock and Strategy They exceed those associated with Satoshi. However, the legal and fiduciary conditions surrounding these assets make the comparison more symbolic than real.

Millions of people have some form of legal, financial or corporate claim on BTC that these entities manage. In contrast, the bitcoin of Satoshi It has been still for more than a decade, without indications of having been spent, transferred or claimed by third parties.

This reinforces the notion that, despite the growth of institutional adoption and the concentration of digital assets, Satoshi Nakamoto continues to be, in terms of absolute property and unrestricted, the largest individual holder of Bitcoin In history.

What do this data imply?

The accumulation of BTC On the part of large institutions, ask questions about the decentralization of the ecosystem. While the protocol Bitcoin It remains unchanged, its economic distribution is increasingly concentrated in the hands of few actors with high financial capacity and privileged access to regulated markets.

This phenomenon also opens questions about the future governance of the crypto ecosystem. How will the influence of these players affect the technical and political development of Bitcoin? Will the individual sovereignty philosophy be maintained that inspired its creation?

Ultimately, the contrast between the invisible figure of Satoshi and the colossi of Wall Street It offers a mirror of how crypto space has evolved in just 15 years.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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